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Updated over 4 years ago,

User Stats

2
Posts
1
Votes
Brian Murphy
  • Denver, CO
1
Votes |
2
Posts

Buy two properties with PMI?

Brian Murphy
  • Denver, CO
Posted

Hello everyone!  I have a question... 

I am selling one of my properties and want to reinvest. Should I put 20% down on one place or should I put 10% down or 2 places? I am definitely leaning on buying two places. One will be my new primary residence (since i just moved to a new state) and the other will be a second home which I can Airbnb when i'm not there. I know paying PMI is not ideal, but it might be worth getting two places now and having them both appreciate over time. Any thoughts?

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