From this a lender will then only allow $75 a month accrue toward the purcahse or $1,800, far short of the borrowers down payment requirement.

This is a tell-tale sign that you are being ‘shopped’ by a borrower.

Yes, you can do what's called borrower paid single premium MI which is a one time up front cost that will cover the mortgage insurance for the life of the loan and you won't have to pay monthly MI.

If she is getting a divorce, she will not know for sure until the ink is dried on the divorce papers.I have always used two rules of thumb:1) Avoid being more than 25 percent of the NET income.2) Make sure the tenant/borrower has the ability to enjoy life and still pay the rent/mortgage without sweating bullets.

When I finished my closingThere is an attached rider ( 1-4 Family Rider, assignment of rents) to the deed stating that Covenant Item 6 of the Security Deed is deleted.The rider says, unless lender and borrower otherwise agree in writing, Section 6 concerning Borrower

The borrow came and put down 125k.

And the original borrower may have a deficiency judgement on them for the first bank to recover that loss.

So the borrower did a DIL and the Mortgagee did a CFD back to the borrower.

The borrower had plenty of cash but he had a foreclosure purchase a few days before Thanksgiving and he also purchased a property at auction last week.

I'm trying to see how hard-money would compare to the equity split that my potential partners are asking for.If I'm all-in at 50k and I can borrow all of that up-front with hard-money, I've got maybe $3000 in points.