🎧 How Return on Investment Changes Based on Credit Score With PMI
New To Podcast This Week - Over 109,000 Total Downloads*
How does your ROI change with various credit scores when investing in real estate?
Does your credit score really matter when you're buying rental properties? Sure, your credit score impacts the mortgage interest rate you can get with traditional mortgages. And yes, your credit score affects how much private mortgage insurance (PMI) will cost. Your credit score can also be a factor in the cost of insurance on your properties.
But does it really make a significant difference?
In a word: yes.
Most people are surprised by just how much of an impact it has.
In this class, James will walk you through the impact of your credit score on your return on investment and how long it will take to achieve financial independence.
Included In This Class
Credit Score's Impact: PMI, Mortgage Interest Rate and Insurance
Credit Scores Therefore Impact Cash Flow
Cash Flow means dollars in cash each month, ROI from Cash Flow, Cash on Cash Return on Investment and Cap Rate
Also impacts ROI from Debt Paydown
Also impacts common measures of risk
The numbers... how much cash flow are we talking about? ROI?
How does this impact someone trying to achieve financial independence with rental properties?
Plus much more...
How to Access in 3 Easy Steps
Click on the PODCAST button next to your city.
Select your preferred podcast player (Apple, Spotify, etc) and subscribe for free.
Enjoy!
Love,
James Orr
P.S. Because there are a lot of charts in this podcast, if you’re a paying subscriber to the substack you can watch the video version here:
🏦How Return on Investment Changes Based on Credit Score With PMI
This is another class in our series on 🏦financing rental properties and private mortgage insurance. Here are the other classes in the 🏦financing series: 🏦Are FHA Loans for Suckers? (55 minutes) 🟢🏦The Ultimate Guide to VA Loans (1 hour and 19 minutes)
*As of June 29, the total number of downloads across all Real Estate Financial Planner™ city-specific real estate investing podcasts for all episodes over all-time is over 109,721.
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