My immediate concern however is how this cancellation of insurance will affect my mortgage on my loan.

I don't want to use the mortgage broker recommended by my agent.  

That's unsecured loans and not applicable to mortgages to be used as a down payment. 

My background in real estate/rehabs has been full gut job remodeling houses that my parents have lived in as well as remodeling my current home, at one point I was a mortgage loan originator (helps knowing how mortgages/financing works), and I'm currently in the process of getting my home inspection certification to help identify issues for my own benefit was well as generate additional income.  

Another question I have is this program called DPA which is the down payment assistant which basically gives you a second mortgage which pays for your down payment and closing cost up to $15k and I was wondering if I was to use that program would that help my odds of getting the property even more??

I know I should know this, and is answered to a degree out there, but ill ask anyway ...If I do a cash out refi on a property that I have paid off, I probobly will be required to keep like 25% in, and then I am paying a new mortgage payment on that property for a 30 year fixed time frame, right?

I've never used a personal mortgage for investment purposes, so my investor loans don't show on my personal credit report. 

I am sure some of the landlords are trying to figure out how they are going to make their mortgage payments.If the house is flooded and sheet rock has to be removed you can forget keeping the deposit or getting the rent.I think the appropriate response is to say something like..."

@Tiffany S. well I have a mortgage already so I'm pretty sure that will count against it..but I'm looking to do section 8 housing so I guess for my first investment I would rather just deal with a turnkey unless there is a deal to good to pass on..should I give my credit union a shot?

Apaying mortgage?)