As AllCash has already mentioned (you have quite a memory there 8) ), the PMI drops off at 80 LTV (loan to value)---based upon the figures you provided, your current loan to value is 88...There is no benefit to a rate and term refinance at this point, if your intent is to eliminate PMI...There might have been a time when comparing a refi option with LPMI (lender paid PMI) might be feasible, but in the absense of more info (and prevailing market conditions), you might be better off leaving things alone.Regards,Scott Miller

When they bring me 10 deals, I will put down their down payment for them on their first deal (certain restrictions apply of course) This way you help people become educated about REI and help them start to build their portfolio.

Caution needs to be applied here as the subtle differences matter and would also be the value add you bring to the table when talking to the borrower.Note that to negotiate with a lender on behalf of the borrower you need to have the borrower's approval in a form that the lender will recognize.

Even if there is some gray about the lien being enforceable its presence could bring the others to the table for a settlement.Note the person blew it and the bill for their education has not been determined.

No repairs need to be made, so no need for a rehab investor to intervene and bring the property to livable conditions.

If I bring the project in early and within 1% of the budget (over or under), I get a 5% bonus.

I'm going to bring this up to the agent and try to explain to him that i'd feel a bit more comfortable submitting a form like this in lieu of his contract.

This includes the sheriff serving the papers and being present when I open the door.I would also bring a video camera over there before moving anything and take a shot of every inch of that unit.

I have to say Edita Davtyan brings up some valid points....CA investment properties have a lot of expenses and the ratios are not as good as other places.

Justin is spot on.If someone was to show up to a business meeting and they took the time to bring along business cards they would likely have full contact details.