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Hey BP community!Something a lot of homeowners, and even investors, occasionally forget about. PMI...If you put less than 20% down for your home when you bought it, you’re likely paying PMI or private mortgage insura...
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Hi, I’m Cambri McCoy! I am a new BP Pro Member but loving the information I’ve been receiving over the last month without even being a member.My husband and I have 3 units (a single family in my name (FHA but no longe...
I bought a house about a year ago in Lehigh acres Florida. Not really knowing a lot about the market but I got it anyways. I got a 30 year mortgage with 4.25% interest rate I still owe about $169k fot the house the va...
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Hello, I'd love to have some advice if anyone can help. My family member purchased their home less than a year ago, and the home was appraised at the time of the purchase. There were a couple thousand sq ft that shoul...
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The title says it all. Instead of factoring it into your monthly payment, can you just pay off your PMI at the start of the amortization period?
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I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
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Hey all, I just closed on my first house with downpayment < 20% and hence I have a PMI on my loan. I have a monthly PMI of ~140$ per month. My next goal is to have a rental property in next 2 years and I was wonder...
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Hi all--Mortgage 1) interest rate 3.5%, $10k left to remove PMI (purchased as residential, now use as an investment property)not cash flowing, but will be if I removed the PMI (cash flow would be like $50/month)Mortga...
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I need advice how to proceed:I am a new investor.We’ve purchased SFR last November. Now I am very actively looking for our first rental property-2 or 3 family. I am also trying to arrange financing ahead of time so ...
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Hello everyone! My names Anthony i'm somewhat new to BP. I've had an account but haven't done too much with the site yet. I'm looking more into how to get started and hope to create some great new relationships with m...