I get the old loan is paid off and the insurance goes with it but why can't it just be transferred to the new nearly-identical loan.

If that is what you mean, yes, the borrower must sign a letter allowing the servicer to speak to you and provide you information about the loan.

You pay a bank interest, if you can do something BETTER with the loan proceeds than letting it sit in the property as equity and can generate a return greater than the interest paid.

Hi,I am budgeting for the basics for my NOI (and taxes, insurance too):1.

Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

I'm out of time on my hard money loan and I need to refinance, but credit is now damaged.

Does it fall under the same rules as large buildings where owner/occupant buyers won’t be able to get a loan because half or more of the units are rentals?

I asked a few lenders for quotes and they all have me buying pointsShows as  2% of loan amount (Points) $3450 at closing  

For example, if I knew the seller was okay with $600k, then I would want to offer them $800k with them contributing $200k to repairs and I would fund this with a commercial loan. 

Hi guys, first post here: Has anyone had any experience with obtaining an FHA Loan for their primary residence as a full time real estate professional?