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...
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...
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...
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...
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...
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...
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...
Hello BP community,Has anyone purchased notes from the above company: Streamline Mortgage Resolutions in Media, PA ?Looking for any feedback.Thanks,Adam
Does anyone know if a previous BOA papersaver loan can be streamlined on a refi (say high credit, good ltv etc.)? I read Fannie and Freddie and VA/FHA permit streamlining but not if the loan was previously low doc. ...
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...