General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
How to Start In Real Estate
Hi everyone, my name is Mo.
I have a pretty big predicament. I purchased my home 2 years ago with a 30 year FHA. Unfortunately I have PMI on it until its fully paid off. My first question for you guys is.
1# Is there a way to remove PMI off FHA loans without refinancing?
2# At the moment my home value is around $380,000 with it starting at $310,000. I have it paid down to $293,000. Do you guys think getting a HELOC and buying an investment property would be a good idea?
3# Are there other ways to use the equity in your current home to get a investment property?
Thank you for all the help! You guys are amazing!
Mo Silva