With the newest FHA Mortgage Insurance Premium (MIP) change, how will that affect me as a real estate investor?
FHA Mortgage Insurance Premiums
New, lower mortgage insurance premium (MIP) rates will apply to mortgages insured by FHA on or after March 20, 2023. These rates were announced by HUD on February 22, 2023.
In this mini-class, James will discuss the improvements to FHA Mortgage Insurance Premiums, as well as their previous rates. Additionally, James will explain how this change could impact your cash flow if you decide to buy a property using FHA financing in the future, especially duplexes, triplexes, and fourplexes as a Nomad™ and/or house hacker.
Check out the video and interactive charts from this class here:
In this class, James discusses:
Learn all about investing in real estate in New Haven, Connecticut with a combination of real estate financial planning and modeling with numbers specific to New Haven plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to New Haven).