What is commonly missed are matters relating to the reduction of principal owing being acceptable for future lending requirements, insurance assignments of loss proceeds and other matters.They charge by the hour, those that do enough of something knowing the time expected may have a flat fee.

Once you have that, you can play with rate, term, and principal balance to come up with the modified loan. 

Brand New 3 Bedroom , 2 Bathroom, 2 Car Garage, 1445 SQ Feet under air Purchase Price is $131,900 Seller paying All Closing Cost , Plus 1 Year full Warranty...Rent in the Area ranges from 1,000 - 1,500 per month, based on comps this property will rent for $1200 - $1300 Per MonthBased on a 5 year arm I expect my Interest rate to be 4.5% as a investor20% Down Payment $26380 , Mortgage amount $105,520.00Payment                             Principal                                     Interest534.65$ 138.95$ 395.70HOA $42 Per monthInsurance $50 Per MonthTaxes = $150 per monthTotal PITI & HOA = 776.65 & Misc 23.35 = $800 per month Positive cash flow per month $400.00 = $4800 per Year or +/- 18% return Cash Flow + Principal = 539 per month = $6468 or +/- 24 % Return on CashCash Flow + Principal + Appreciation of 3% = Total of $10468 or  +/- 38%Additional I believe over the 5 year rent and hold the additional rent , plus real appreciation of 5-6% will cover all selling cost , offering a 5 year return of 190% ...OK, Let me have it

Can you please confirm my understanding of this strategy is accurate...so, I buy a cash flow property in the following manner:Purchase Price: $100k (including all entrance costs aside from down pmt...)Personal Cash $25k (down pmt. on 75%LTV loan)Mortgage $75kAmortization 30 yrs.Interest Rate 5%Monthly Payment $700 Rehab Costs $12kTotal Personal Cash on Deal $37kARV $130k (after rehab and 6 mos. seasoning)then...Re-Fi (estimates not including closing, current principal balance, etc...)Mortgage $130k Amortization 30 yrsInterest Rate 4.5%Monthly Payment $800Loan Balance $75k Cash at Closing $55k (mortgage - balance)So, in this example I would be able to repay myself for the initial investment ($37k) and clear the difference to re-invest, etc...and the mortgage would hopefully be low enough to still cash flow?

Re-Fi (estimates not including closing, current principal balance, etc...)Mortgage $130k Amortization 30 yrsInterest Rate 4.5%Monthly Payment $800 Loan Balance $75k Cash at Closing $55k (mortgage - balance)So, in this example I would be able to repay myself for the initial investment ($37k) and clear the difference to re-invest, etc...and the mortgage would hopefully be low enough to still cash flow?

A non-occupying co-borrower on property being purchased with an FHA insured mortgage as a principal residence by other family members may have a joint interest in that property as well as in a principal residence of their own with an FHA insured mortgage.

Now the first home we bought is a rental that has $50k equity (we invested $20k included down payment) and, though it doesn't provide much in terms of cash flow because of the 15-year amortization refi, does cover repairs and returns us principal reduction (read equity) of about $8k a year.

Assuming the partners take x% and set aside the remaining x% that will go to our investors to pay interest and principal – what are the typical percentages for each?

The benefits to this are amplified if you have not owned a principal residence in the last 3 years, then you would be considered a first-time home buyer and can get financing for very little down.Great job and keep up the good work!

I pay interest - 8% -monthly checks. principal in 36 months, or roll over.