As little down payment as possible4.

Hello Guys,I am in process of Refinance to lower my payment by getting rid of PMI, the process has not been great with this specific lender I am working with.

($75k payment now to get $81k in one year = 8% return).  

- Behind on payments?

They pay installment payments in the mean time.In any case, be sure to check with a lawyer about your local/state laws.

This is unlikely to happen so long as you are current on your payments.

Hi All,We need to come up with the 25% down payment to purchase an investment property in our area, can you share how we can find this 25% - I know we can look at using private money at a certain % but this method is quite expensive for long term as we are looking at 30 year mortgages.  

A rough 1% rule would suggest a valuation from 300k (which is near his asking price right now) to around 1mil.It may still be a viable project, especially if there is potential for the area, but I would seriously question how you got to your renovation budget, and more importantly, if the sources that you relied upon that got you to that figure are reliable and capable of taking on this sort of project.

I'm just going to sleep better knowing I never have to worry about payments on my house again, so I'll never use a HELOC for anything - regardless if the math says I should.

The costs run 3-4 points + 8-12% interest only payments depending on your experience/credit/property.