DiscoverKnoxville Real Estate Investing & Real Estate Financial Planning™ PodcastHow Return on Investment Changes Based on How You Pay PMI
How Return on Investment Changes Based on How You Pay PMI

How Return on Investment Changes Based on How You Pay PMI

Update: 2024-09-06
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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:




  1. Monthly

  2. Get the lender to pay it by raising the interest rate

  3. 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.



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How Return on Investment Changes Based on How You Pay PMI

How Return on Investment Changes Based on How You Pay PMI

James Orr