Have your lender price out prepaying instead of monthly on the PMI on the new purchase (I did this once because it was half the price, I didn’t another time because it was basically the same price), or you might just plan on doing a refi on the new purchase in a couple years to remove pmi and possibly a lower rate or consider doing an ARM.

Or a 5br under 200k to rent to college students each for 500 a rm? 

I participate with almost everything that they do.MJA Real Estate is our local education and networking arm.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

The transfer was not considered arms length because full value of the asset was not provided 2.

-Loan balance is $65k @ 3% interest, on a 7-1 ARM loan (I am 4 years in), so some type of refinancing is inevitable. 

✓Requirements for a Delayed Financing ExceptionThe original purchase transaction was an arms-length transaction.For this refinance transaction, the borrower(s) must meet Fannie Mae’s borrower eligibility requirements as described in B2-2-01, General Borrower Eligibility Requirements.

But...you'll want to consult with a financial adviser on that.Wages paid to children should be reasonable and documented (arms-length).

Arms length & it worked, his para-legal is a 100lb bulldog who also owns a lot of property.

That's hoping he didn't find any undisclosed deferred maintenance that cost an arm and a leg.