@Megan KlaegerIn short, the partner owns nothing if they don't partake in any risks/losses. 

Otherwise, PMI will not be terminated until shortly after your payments are brought up to date.

I’ve summarized below to keep this article short(er):Fannie Mae - + 2.4% (down from 2.8%)Freddie Mac - + 3.2% (no change)Goldman Sachs - +5.5% (up from 5%)All institutions are seeing prices higher in 2024, as one would predict.

My focus right now is on Flips and Short Term Rentals, and am in it for the long game.

As a short-term rental investor, do you want to own a property where people go because it's cheap?

In these instances you should ask yourself what type of tenant you want to attract. 

The next best thing is to pick a market you ave easy access to, like a short dircet flight.The issue with 60k properties, at least in Milwaukee, is that it's fools gold.

When there are no events, the venue has been booked for short-term rentals.Business has no debt, and is turn-key (advertising is creating a healthy pipeline, there are existing employees, and will come with all the inventory and FFE&V). 

For people at that level, they are a very attractive investment. 

On the other hand, refinancing would provide a fixed rate mortgage that is lower in interest and has less concerns for paying back in the short term as long as the property still cash flows.