HalfwayHandsome
A WALKING LICK #502C0MEUP
I BOUGHT MY SECOND HOME AND RENTED IT OUT. TENANT JUST MOVED IN THIS PAST WKND 
2 YEAR LEASE.
2 YEAR LEASE.
The Official Homeowners Thread
- Thread starter Dolla$
- Start date
beenz
Rap Guerilla
you should be able to get out of of PMI for either loan once you hit 20% equity mark.
Not with FHA, it's for the life of the loan. Only way to get out of it is refinance.
beenz
Rap Guerilla
I just looked it up and multiple sites are saying that you can get out of the FHA mortgage insurance at 20% equity.
How To Cancel FHA Mortgage Insurance Premiums (MIP / PMI)
First, let's talk about homeowners with an FHA mortgage pre-dating June 3, 2013.
For these homeowners, their FHA MIP will automatically cancel when the following conditions are met :
- For a 30-year loan term: Annual MIP cancels once the loan reaches 78% loan-to-value and annual MIP has been paid for at least 60 months.
- For a 15-year loan term: Annual MIP cancels once the loan reaches 78% loan-to-value. There is no requirement for MIP to be paid for at least 60 months.
For homeowners with FHA mortgages that pre-date June 2013, FHA mortgage insurance cancels as soon as loan-to-value reaches 78% and 60 months have passed since the loan's inception. For everyone else, FHA mortgage insurance lasts for as long as the loan exists. You cannot cancel FHA MIP directly. To remove FHA mortgage insurance, you can refinance into another loan type which doesn't require "permanent MIP".
OfTheCross
Veteran
I think I'll get mine appraised. My MIP is only $176 a month, but if I don't have to pay for it might as well keep that money in my pocket.
Does anyone own any real estate that they rent? Preferably duplexes. I've been looking into maybe buying one.
One of my Garage door openers crapped out on me. Need a whole new system, springs, wall panel, button panel, and sensor.
#MoneyPit
#MoneyPit
Went to war with the fukin dandelions that took over my front yard, if you can't have a decent backyard am make the front one look nice
OfTheCross
Veteran
Bruh...I dunno if I posted this already, I should've taken a pic
I started pulling weeds in my front lawn, a 3x3 ft area just to get started as I want to have a beautiful lawn...
I pulled that small area for about 30 minutes and after I was done all that was left was the dirt
My shyt is an embarrassment
iFightSeagullsForBread
The Working Class Hero
Question are rent-to-owns a scam brehs? 
School me.
School me.
Bruh...I dunno if I posted this already, I should've taken a pic
I started pulling weeds in my front lawn, a 3x3 ft area just to get started as I want to have a beautiful lawn...
I pulled that small area for about 30 minutes and after I was done all that was left was the dirt
My shyt is an embarrassment
My backyard is like that but I think my front is kind of salvageable, I went and got Scotts weed and feed, that killed the dandelions. I also bought this other weed killer liquid stuff to kill crab grass. I also bought Scotts lawn food can't apply that for two more weeks though, from what I've read /been told feeding your lawn is the key. I'll post up some before /after pics in a couple of months.
My backyard too far gone imo, am gonna get a lawn service next year or
I got that scotts weed and feed grain and went threw the 15k sqft bag on my back and side yard alone. I spread that stuff about 2 weeks ago and no more dandelions back there. That crab grass is mostly dead, some still hanging by a thread. Grass in general is lookin different, there's like 3 different type of grass back there and they all doing their own thing 
, but overall it's lookin good.
Now I gotta get another 15sqft bag for my front yard
, but overall it's lookin good. Now I gotta get another 15sqft bag for my front yard