🏦Why Are You Talking About Private Mortgage Insurance to Real Estate Investors?

Class Recording

Below is the almost 2-hour recording of The Ultimate Guide to Private Mortgage Insurance.

Since most real estate investors are putting 20% or more down to buy rental properties, why would I even bother talking about Private Mortgage Insurance (PMI)?

Well, for several reasons:

1. Some investors are buying properties with owner-occupant financing—moving into the properties and fulfilling the obligation to live in the property for a year—then converting them to rentals? If you have one 20% down payment, you could acquire 4 rental properties (5% down each) by utilizing the Nomad™ strategy this way.

2. Some real estate investors are choosing to put 15% down—and paying PMI—to acquire properties with less down.

3. Some real estate investors are taking over existing owner-occupant financing by buying properties creatively (like wrap financing, subject to, lease-option, etc).

So, for those reasons you probably should understand private mortgage insurance as a real estate investor.

The video is available to paying substack subscribers below or on the coaching platform for coaching clients.