Jermaine McIntosh
FHA Streamline
Hey all,I bought a property in 2013 through an FHA loan with Mortgage Insurance Premium (MIP). I just got news that the government is lowering the MIP rate which would knock down some of the monthly premium. The value...
Mitch Ottoson
Streamline 203k
Hello BP! I am in the middle of reading Brandon Turner's "The Book on Investing in Real Estate with No (and Low) Money Down" and one of the loan options discussed is a streamline 203k. My wife and I are looking to pur...
Joshua Vallario
Streamlining Processes
I have amassed a mix of flip project and rentals over the past several years, all while maintaining my fulltime employment - it is not easy working 7 days a week. I am now taking on two more rentals and two new flips...
Eric Palomino
Streamline Utility Bills
Hi,I am wondering if someone would be able to assist me in a good streamline process for handling utility bills. We have a total of 7 units. Tenants pay all utilities except for the water bill. At this point in the ga...
Christian Fregoso
FHA Streamline Refinance?
Just received a letter from my mortgage bank that my current FHA loan is eligible for an FHA Streamline Program. Did some research on this since it was new to me and it seems like an option that I’m willing to take. C...
Rodney Alexander
Streamline business finances
Starting the process to be more efficient with real estate financial management. Looking for any input on financial institutions supportive and competitive with cash out refi's, banks/financial institutions easy to d...
Keegan Darby
FHA Streamline Program
Given the low interest rates, we are looking to do a streamline FHA and take our rate from a 3.625% to a 2.75%, saving $108/month.
However, the principal on the loan would increase by $4800. Is this common for the...
Seangy Sum
Streamline 203k Loan
I'm considering a Streamline 203k loan for my first deal. Before I reach out to a Mortgage Lender I have a few questions. I understand that the loan requires the home owner to physically occupy the property, but is t...
Nicole Wood
FHA streamline program?
I got an email on Friday from my mortgage broker that funded my last deal. We did an FHA loan for a duplex. He says there is a program called the FHA streamline refinance. He says no paperwork is required with excepti...
Justin Glass
FHA Streamline Question
More info: I am doing a house hack of sorts and received an FHA 203k refinance where I have tenants above and below me (3 Unit). I have yet to finish the 203k construction but the Allied guy is telling me that I can ...