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 Nomads™, house hackers, and investors putting 15% down to acquire non-owner-occupant properties.
There are 3 ways to pay PMI:
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.
Learn all about investing in real estate in Yonkers, New York with a combination of real estate financial planning and modeling with numbers specific to Yonkers plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Yonkers).