I've never gotten more snail mail in my life (mortgage statements, bank statements, invoices, etc.) and it seems like every time we turn it to "paperless" options, the mortgage is sold and then I get all new mailed statements to turn off again.

You should check with both the National Flood Insurance program (NFIP) backed by FEMA and the Private Market Flood programs. 

The bank says your “insurance company” needs to pay off the $450k mortgage balance, where’s that money coming from?

I am a mortgage lender located in southern California.

Things are tight with day care, mortgage for personal home, and kid #2 on the way.

That you won't be able to get rent to cover the mortgage?

@V.G Jason thanks that helps the M2M is based on Zillow and Redfin although the numbers listed above are ~100k less per property than what those websites show for each propertyI need to look into recast I am assuming the mortgage broker would know this?

Actual real estate or hard mo ey loans involve a Promissory Note and a Mortgage/trust deed document securing the  loan with a lien on the house....not done “investor agreement”.

I understand it has the possibility to change yearly but I didn’t expect it to almost double what the mortgage is on the property.

Hi,Is interest on a loan for a piece of real estate considered an amount owed on the mortgage of a property when calculating the equity for a piece of real estate?