Would refi after hitting 20% to tradtional loan prevent the extra expense of permanent MIP payments, or do you thing the interest rate will have gone up enough in that time frame to not be useful.I am currently living with my dad and am only paying ~200/month( I am 21, forgot to mention, lol), but thats actually because he and my grandmother were both unemployed, so i moved in to help with expenses, (having been living in my own apartment before that), and their finances are now in order, hence my desire to move into my first purchase.

This was done to help prevent a neighbor from losing his house due to foreclosure, and allowing some time for things to improve, but not an agreement I wanted to be in indefinitely, hence the 5 year balloon.

You can rent for $900+ until the end of time, and I don't believe there are terms that exist which would prevent this one from cash-flowing.

I guess there is a kind of an entitlement amongst Realtors working with investors on the selling side of things combined with new technology that makes representation kind of unnecessary.

Is it legal to advertise for "Private Loans Wanted" or does the SEC prevent that?

By selling now, it would lift much unnecessary stress by paying off bills or just simply have extra cash for those rainy days.

That way the owner monitors and follows up on the crisis and hopefully prevents it happening again. 

For instance:$5000/month cash flow desired / $200 average cash flow per unit = 25 doorsNow this is just a projection, of course, but it helps keep you on track.On historic buildings, make sure there are no rules or regulations preventing you from doing certain things, like upgrades, or restricting property usage.

Photographs are unnecessary.

foreclosure using sub2, paying cash to the lender to bring the mortgage current and prevent foreclosure.PJL: paying junior liens, short sale junior liens, not sure what happens to primary (sub2?).