There are many ways to pay PMI:- LPMI - lender paid MI which is a fancy term for taking a bit higher rate to absorb the cost of monthly MI for the life of the mortgage, depending on your credit score it may take .125%- .50% more in rate to absorb your entire premium for the life of your loan- BPMI single premium- similar to the above it eliminates the monthly MI premium for the life of the loan but BP part of BPMI stands for "borrower paid," so as you might have guessed the borrower pays this premium in a cash sum at closing either from their own funds or seller concessions they've negotiated from a seller or a gift from their giftors -BPMI monthly or split premium - MI can also be paid as monthly MI which is the stereotypical way to pay MI and it can also be paid as a split premium or hybrid whereby the borrower pays a good chunk upfront to have a greatly reduced monthly MI payment.Most people take LPMI and absorb it through the rate via LPMI to eliminate MI for the life of the loan. 

Ya, i understand that commissions come slower and bigger compared to homes, but i was prepared for that wait, because i am currently living all on my passive income of my current rental portfolio as long as i stay within my means and have a few months worth of living expenses saved away for the times i loose a renter and have a vacancy. 

Decent credit and a decent property is required, but if those things aren't hurdles (and they don't seem to be from what I've read), that would be a strategy to pursue.Stephanie

We aren't a bank, so we look at the property and credit.  

This is an easy way to pass the coursework as it is open book and online, but I don't think it's the best approach to prepare for the license exam.  

The biggest challenge we've faced by far is educating contractors - first you need to find contractors willing to be educated, then you need to be prepared to pay more during the first couple of projects while they become proficient with their new knowledge.We have yet to produce a retrofit meeting all EnerPHit criteria, but we are getting a little closer each time.

I have 20+ sF D, C and B propertiesI own several of these properties in my name, some in a LLC , some that I purchased with credit card debt and some that I own free and clear with no associated debt. 

@Len Roche my first loan was with Wells Fargo (back in 2009) then I talked to my brother-in-law about a loan he had on his investment property with American Airlines Credit Union.

It's getting close to the lease renewal period for the tenants in my property, and I'd like to be prepared.  

@Dustin Cook offers sound advice--I suggest you heed it or prepare to get swindled.