Hello B.P. members I have a duplex that I own for about four and a half years. Brought the house for $94,000 back in 2015 I owe about 85,000 on the house now I think the house is worth about 125 to $130,000 today this...

Hello,
I had taken a loan about 2 years ago and have been repaying my installments regularly. As far as I remember I am also paying the premiums for the Private Mortgage Insurance (PMI) but how long would it continue ...

HO has an FHA financed loan that is going into default. They have a MMIP of $81.45 for 13 years! Ouch! They are into the loan for 12 months so far.

2 questions here:

1. Will FHA payoff the loan default similar to a...

In March 2016, I purchased my first house as a primary residence, this was prior to discovering the Biggerpockets community. I have always wanted to become a real estate investor. But sadly, when I purchased my first ...

I am looking to buy a SFH and am wondering if it is smarter to just put down 20% or put less down and take on the expense of private mortgage insurance. I'm assuming the cost of PMI is based on the size of the loan an...

I did the math, and by the time I pay off 20% of my house with my current monthly payments, I will have paid roughly $6,000 (6 years) towards PMI. Should I put extra money towards my mortgage, with it taking roughly 1...

Hi friends, curious how long you would have to pay PMI for a FHA loan, for example if I borrowed $100,000 and put $3,500 down  for a FHA loan when will I stop paying the PMI? Any advice is much appreciated thanks!

Anyone familiar with PMI? I have an FHA loan which naturally has PMI. I understand that once at 80%, you can request the PMI to be removed and once at 78% it is to be automatically removed. Well I'm at 75% and I'm sti...

I’m looking to start my real estate investing journey but need to figure out some personal finances first. Looking for some help. I currently am paying a morgage at an interest rate of 3.75% on an FHA loan. Currently ...

Hi everyone!

I will be investing in my first property (duplex or triplex) in the next few months, hopefully around May, in Sacramento CA. I've been working with an agent already and have started to narrow down my cri...