My house is currently worth ~155k. I owe about 156k on it. I do currently pay mortgage insurance ($70/month). Current payment is $1060/month (4.5% on the loan). A streamline refi would allow me to drop my payment to a...
I am buying a house using a FHA 203k limited (streamlined) loan. I am planning on having a contractor do about $18000 worth of work. This money would come from the loan. I want to do the kitchen and some other items ...
What is the best way to streamline or decide what duties can be shared between Partners?I know generally on here they say that partners should balance each other out, but a friend and I have been discussing the possib...
Hey all,Ive got a pretty basic question that my brain wont let go of, so I figured id ask you great people. In December of 2015 we bought a duplex with an FHA loan and moved into one of the units and rented the other...
I currently use a self-created rental application to screen potential tenants for rental properties I manage. Most importantly, this application and the applicant's signature give me the authorization to inquire furth...
Hey, so about 2 weeks ago I was contacted by a company, Village Capital, who said they wanted to help me by refinancing my current FHA mortgage down to a lower interest rate. They said they could offer me this because...
Hi All, I need some help and advice. This will hopefully be my first jump into the real estate investing world and I feel like I've found a deal with potential, but it needs a good bit of work. I brought a contractor ...
Hi All, I'm in the process of trying to do an FHA Streamline Refinance on an FHA mortgage I have. I've talked to my mortgage holder about this and he said I could save about $40 a month doing the refinance, with no ou...
Hello BiggerPockets community,
I've been searching the internet lately, sifting through a multitude of deal analysis tools, Excel templates, proformas, and DCFs, all aimed at deciphering the viability of multifamily ...
Wondering if it’s worth it. I got a letter stating that I can lower my payment thru FHA streamline. It’s my first home/duplex. I’ve only been here about 7 months. Any advice?