Listen "How Return on Investment Changes Based on How You Pay PMI"
Episode Synopsis
If you're going to put less than 20% down when buying a property, the lender is likely to require that you pay private mortgage insurance (PMI) to protect them in case you default on the loan.
This usually applies to Nomads™, house hackers, and investors putting 15% down to acquire non-owner-occupant properties.
There are 3 ways to pay PMI:
Monthly
Get the lender to pay it by raising the interest rate
One-time, upfront, lump sum
But of those three options, which gives you the best return in dollars?
Which gives you the best return on investment?
Find out in this class.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Riverside real estate investor podcast? Book a free consultation to discuss.
More episodes of the podcast Riverside Real Estate Investing & Real Estate Financial Planning™ Podcast
Secrets of Financial Independence
01/08/2025
Secrets of Tax Optimization and Minimization
25/07/2025
Secrets of Cash on Cash ROI and Cap Rates
18/07/2025
Secrets of ROI versus Return on Equity
11/07/2025
Secrets of Partnerships
04/07/2025
Secrets of Being Preferred Client
27/06/2025
Secret Real Estate Investing Horror Stories
20/06/2025
Secrets of Analyzing Multi-Family Properties
13/06/2025
Secrets of Creative Financing
06/06/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.