Thanks for the quick feedback,Refinancing would save about 60k over the life of the new loan compared to the old load with the PMI, I also spoke with my current lender and there isn't much they can help with as far as the current loan other then refinancing, there rate seems high compared to a few others i talked too, so i will definitely shop around a bit. my next question i guess would pertain to these seemingly scam like letters i get and ads that pop up that go something like " under president obama you can refinance out of your current loan and cost you nothing if you owe less than 679,000" obviously nothing is free but are there programs like this?

Most of these events are a complete scam.

He’s either a wholesaler who just has it under contract, scamming you and doesn’t own it or the owner is listed as an entity and he owns the entity.Hard to say.

This is absolutely a scam.

Have you guys found they're usually an asset or a scam?

Florida is notorious for foreclosure scams and modification scams.I was wondering, however, if any one has had any experience with approaching a distressed homeowner with the following proposal: If they don't want to do a shortsale, and they have little to no equity in the property, I would be willing to take over the deed and the mortgage.

Seems most of The reviews for him call his company a scam .

That's only true if the owner is running a scam.

Honestly at this point Bigger Pockets could probably start a "Morris Invest Scam" forum category with how many people have been talking about issues with that company.

Not worth the paper they are written on, scams, etc...But, if you were to HAVE to get one for a fourplex, what company would you use?