Thursday, December 25, 2008

Money Pays the Landlord and FAH Refinance Can Lower THe payments

FHA Refinance to 5% is possible in todays market. I am trying to scrape together money to pay the rent. I have learned that the landlord can refinance through the FHA as an investment property and thsi can assist to lower the rent payments. Knowing the landlord he will not lower the payments because he will refinance down to 5% with a streamline without appraisal and then spend the money on other things. There are many broken items here and I will not buy the property with a lease purchase because this is not the place for me to be. I have to stop typing now becuase the landlord is knocking on the door and asking for the rent again. I just wish he would refinance down to a 5% rate on the FHA streamline refinance program without an appraisal.

FHA Streamline Refinance for my landlord would be nice.

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