Just keep in mind the MIP doesn't come off the loan like normal PMI at 25% equity.

Once my property is complete, I think I'll be in a great equity position.

I’m a serial entrepreneur with experience in the tech and food distribution industries, now diving into real estate investment to build cash flow and long-term equity.

Flip the thinking.......How much equity do you have?  

I promise you will have options once you finish renovating.If you purchased correctly (location & purchase price), you will have enough equity so that you can either sell it for tax free capital gains, cash out refinance (if mortgage rates are lower), or pull a HELOC to acquire your next property!

These are two ways you could solidify your equity.

that's awesome @Tieirra Singleton I love those areas for real estate investing - there is so much potential for cash flow + equity build up.

I'm passionate about teaching real estate in underserved communities and helping others build wealth through knowledge.Looking Ahead: I’m seeking local and out of state investors, lenders, and professionals in the Atlanta area for STRs and MTRs, and in Birmingham, Phoenix, Columbus, Macon, and Augusta, GA for long-term rentals and small multifamily deals.Let’s connect if you share my vision for creating real estate that not only generates wealth but also builds lasting, positive change.

When pulling the credit report one of the individuals has a high debt to equity ratio (50 %) My fear is what if this High DTI and credit usuage could result in one of the parties defaulting on future rent.

I’m an ex realtor who also has some experience working for a private equity group for a short time before I got a really good gig in a completely unrelated industry that will allow me to have options when investing.