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All Forum Posts by: Mo Silva

Mo Silva has started 1 posts and replied 1 times.

General Real Estate Investing

Post: How to Start In Real Estate

Mo SilvaPosted
  • Posts 1
  • Votes 0

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

0 Votes