I believe you need 20% equity in the property in order to avoid paying PMI, but it looks like if you hit your estimated ARV, you should be able to get the property reappraised and eliminate the PMI assuming you have 20% equity! 

whats good about conventional is once you hit a certain equity mark PMI goes away and it it a standard conventional mortgage, additionally you can purchase right away rather then wait 1 year assuming you are able to.

Currently, a Realtor in York and making contacts, before venturing out.Looking to partner with investors or flippers in Southern PA or Northern Baltimore County for rehab and hold opportunities for rent-to-own clients.

Because us buy and holders think in 10 and 20-yr time horizons, I don't need to hit a homerun price-wise every time.  

Hi Team.I address this introduction to those in the Northern Va, Washington dc Metro area.

Hi John - Northern Jersey definitely will give you better value if trying to start out.

The photo and lighting is throwing the color off.Carpet can be hit or miss.

But there was something about hitting milestones to keep you motivated.

Hey all! Stumbled across this site last night and really like the idea and potential to meet fellow investors. I'm just getting my feet wet in REI but I plan to only be an investor in the next year. I own a small busi...

If you have been reporting as income property and not as your own residence, you get a certain amount of time to reinvest the money in a different property without taking the tax hit, so just reinvest it if you can.