š§ How Return on Investment Changes Based on How You Pay PMI
New To Podcast This Week - Over 118,000 Total Downloads*
Learn how to determine which PMI option is the best from a return perspective.
If you're going to put less than 20% down when buying a property, the lender is likely to require that you pay private mortgage insurance (PMI) to protect them in case you default on the loan.
This usually applies to Nomadsā¢, house hackers, and investors putting 15% down to acquire non-owner-occupant properties.
There are 3 ways to pay PMI:
Monthly
Get the lender to pay it by raising the interest rate
One-time, upfront, lump sum
But of those three options, which gives you the best return in dollars?
Which gives you the best return on investment?
Find out in this class.
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
*As of September 6, 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 118,350.
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