So I have an FHA Title 1 loan on my current two-flat for some work I had done here.

Shouldn't be hard to find something around 2%, which is slightly above current inflation, which is probably going to stay pretty flat around 1.8-1.9 this year.

The ones that I have called have not been good at all, they are either unresponsive or excessively over pricing.

I am thinking of penalties in two ways but feel there could be many more:Late payment penalties during the term of the loan, perhaps 10% or flat $ amount based on loan.Penalties when the loan is extended beyond term.

Hello All, My name is Randall Owens and I am looking for serious help in regards to a  2 flat building with a unfinished basement that I plan on converting to a 3rd unit in Chicago.

I am rehabbing a 2-flat on the south side near 'the bush' and plan to be completed within the next 90 days.

@Joshua Hively No I have been flat out since December.

In that case you would pay the water bill and then bill your tenant each month or include a flat cost each month to cover the bill.  4.

Many times lenders have special programs for owner occupied buildings (some lenders have thresholds that if the property generates 51% of its income from the owner --- others that the owner has 51% of the square footage) - again, depends on the bank, but generally speaking owner occupied refi's tend to get better rates/terms than a flat out commercial rental. 

Hello BiggerPockets family,We are flipping this house and we have a flat roof and there is a leak.Does anyone can recommend anyone.