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Updated over 5 years ago,

User Stats

31
Posts
13
Votes
Anan Smith
  • Investor
13
Votes |
31
Posts

BRRRR - PMI Question

Anan Smith
  • Investor
Posted

When doing a BRRRR, it is my understanding that you're limited to pulling out up to 75% of the ARV. I am correct in thinking that when when refinancing, if I wrap the closing costs of the refinance into the loan, as long as it does not exceed 80% LTV I do not have to pay PMI?

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