How Return on Investment Changes Based on How You Pay PMI

Chicago Real Estate Investing & Real Estate Financial Planning™ Podcast

Indhold leveret af Real Estate Financial Planner LLC and James Orr and James Orr. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Real Estate Financial Planner LLC and James Orr and James Orr eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

2M ago 29:23

MP3•Episode hjem

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/spreadsheet

Improve 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 Chicago real estate investor podcast? Book a free consultation to discuss.

130 episoder

#Trading #Entrepreneur #Business #Real Estate Financial Planner LLC and James Orr #James Orr #Chicago Real Estate Financial Planner #Chicago Real Estate Investing #Chicago Real Estate Investor