I'm guessing the answer will be no.

Thank you , I do agree completely, I guess I just wanted to hear it outside my box of friends  . 

I'm guessing yes, I seem to remember reading about that a while ago. 

My guess is houses near CP Domain would do a lot better than comparable homes in the general area over 10 years time.Lastly, I'd look to hedge my bets and try to buy existing home at a discount (with existing equity), rather than new construction.

New to bigger pockets and would love some advice on refinancing or not...We bought a $640K Multi Family home in 2012 (north hollywood, Ca) with a 3.5% interest rate, FHA loan.We refinanced in 2015 and took out 100K which brought us to 709k with a 4.875% interest rate.We're now at about 680k with a $4800 mortgage, $600 of which is our MIP which I guess we can't drop until 2027 unless we refinance with a conventional loan. 

New to bigger pockets and would love some advice on refinancing or not...We bought a $640K Multi Family home in 2012 (north hollywood, Ca) with a 3.5% interest rate, FHA loan.We refinanced in 2015 and took out 100K which brought us to 709k with a 4.875% interest rate.We're now at about 680k with a $4800 mortgage, $600 of which is our MIP which I guess we can't drop until 2027 unless we refinance with a conventional loan.

And tornados are not likely but always possible I guess but no other threats like that.

I know what it means but I guess I don’t understand how that would benefit either party or how it works with wholesaling for that matter.

I guess the question you have to ask yourself is what do you want to do with RE strategy with the house and the multifamily you are moving into.

I guess I don't really know where else to turn so I figured I'd come here to at least get some criticism.