Seller is paying $1750 per year premium and our quotes are coming back at $5000+I need some help as this would cut into operating margins.

They do limited releases for 6 lots per month for premium lots, then next month they increase prices on less desirable lots until they are sold out.

But in NYC, FHA 3.5% down loans don't work well because the premium mortgage interest (PMI) is too high: e.g., $1,000,000 x 1.05% = $10,500 / 12 = $875 monthly + mortgage payment + all other expenses; - Down-Payment at least 20%. 

Land is a premium here.

Again title companies want to earn premiums, not pay to fight challenges.I always say plan to hold the properties two years. 

But in NYC, FHA 3.5% down loans don't work well because the premium mortgage interest (PMI) is too high: e.g., $1,000,000 x 1.05% = $10,500 / 12 = $875 monthly + mortgage payment + all other expenses; - Down-Payment at least 20%.

You can try Premium Mortgage in Rochester.  

Premium kitchen upgrades?  

I feel as if Holly Ridge is a premium location due to driving distances to Jacksonville and Wilmington also.Would you recommend Sea Coast for a PM?

Cheney - I'd be happy to invest here, but generally want a 1% cap rate premium over neighborhoods like south hill.