Podcasts about private mortgage insurance pmi

Learn the secrets to maximizing cash flow on rentals in Fort Collins. This class is Module 26 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include how to improve cash flow: When selecting a real estate agent/broker Locking/floating your mortgage interest rate Searching for less expensive properties Searching for pretty properties that don't need work Searching for properties and negotiating for seller concessions Searching for properties with creative financing When selecting a lender/mortgage broker When selecting a loan based on closing costs Offering less than list price when buying properties Paying for closing costs upfront instead of financing them Pre-paying Private Mortgage Insurance (PMI) instead of paying it monthly Getting a staggered rate mortgage Buying down your mortgage interest rate Improving your credit score Adding a strong borrower to the loan Removing a weak borrower from the loan Getting a loan partner Signing up for auto-pay Having additional accounts or relationship with your lender Changing the amortization of the loan including interest only loans, negative amortization loans Improving your interest rate from changing loan durations Extending the repayment period Changing the amount borrowed Changing your loan-to-value of the mortgage Accepting an adjustable-rate mortgage Eliminating PMI Pre-paying PMI Utilizing a rate and term refinance before acquisition Doing a cash out refi to buy/refi a property Paying cash for a property instead of financing it When getting private or creative financing Formally assuming a mortgage Changing the term of the lease Utilizing lease-options Niching down and catering to a specific group of tenants Utilizing roommates, renting by bed/bedroom and/or renting by parts Subdividing the property Upgrading the property Installing solar Furnishing the property Converting the property to more optimal configurations Collecting improvement rent Optimizing the marketing of the property Maximizing exposure when marketing Improving your sales skills to tenants and tenant-buyers Optimizing showings Refinancing the property to extend term and/or improve rate Paying off the loan completely Correcting inaccurately assessed properties Voting to minimize taxes Shopping insurance rates Changing insurance coverages Changing who is insured Changing insurance deductibles Requesting PMI be removed Getting discount for auto-pay Getting discount for early payment Self-managing the property Hiring a professional property manager Managing your property manager Insisting on best property management practices Maintaining your property Using quality materials in your property Accelerating depreciation Offering additional paid services to tenants Offering done-for-them services to tenants Correctly billing back for services included Tiering rent by credit score Collecting pet rent Changing billing frequency Offering auto-pay Offering discount for early or on-time payments Insisting on ample notice of lease renewal Marketing early for next tenant Renewing leases during peak season Insisting on tenant's having renter's insurance Plus much more... Check out the video and additional resources related to Secrets to Improving Cash Flow. 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 Fort Collins real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to maximizing cash flow on rentals in Jacksonville. This class is Module 26 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include how to improve cash flow: When selecting a real estate agent/broker Locking/floating your mortgage interest rate Searching for less expensive properties Searching for pretty properties that don't need work Searching for properties and negotiating for seller concessions Searching for properties with creative financing When selecting a lender/mortgage broker When selecting a loan based on closing costs Offering less than list price when buying properties Paying for closing costs upfront instead of financing them Pre-paying Private Mortgage Insurance (PMI) instead of paying it monthly Getting a staggered rate mortgage Buying down your mortgage interest rate Improving your credit score Adding a strong borrower to the loan Removing a weak borrower from the loan Getting a loan partner Signing up for auto-pay Having additional accounts or relationship with your lender Changing the amortization of the loan including interest only loans, negative amortization loans Improving your interest rate from changing loan durations Extending the repayment period Changing the amount borrowed Changing your loan-to-value of the mortgage Accepting an adjustable-rate mortgage Eliminating PMI Pre-paying PMI Utilizing a rate and term refinance before acquisition Doing a cash out refi to buy/refi a property Paying cash for a property instead of financing it When getting private or creative financing Formally assuming a mortgage Changing the term of the lease Utilizing lease-options Niching down and catering to a specific group of tenants Utilizing roommates, renting by bed/bedroom and/or renting by parts Subdividing the property Upgrading the property Installing solar Furnishing the property Converting the property to more optimal configurations Collecting improvement rent Optimizing the marketing of the property Maximizing exposure when marketing Improving your sales skills to tenants and tenant-buyers Optimizing showings Refinancing the property to extend term and/or improve rate Paying off the loan completely Correcting inaccurately assessed properties Voting to minimize taxes Shopping insurance rates Changing insurance coverages Changing who is insured Changing insurance deductibles Requesting PMI be removed Getting discount for auto-pay Getting discount for early payment Self-managing the property Hiring a professional property manager Managing your property manager Insisting on best property management practices Maintaining your property Using quality materials in your property Accelerating depreciation Offering additional paid services to tenants Offering done-for-them services to tenants Correctly billing back for services included Tiering rent by credit score Collecting pet rent Changing billing frequency Offering auto-pay Offering discount for early or on-time payments Insisting on ample notice of lease renewal Marketing early for next tenant Renewing leases during peak season Insisting on tenant's having renter's insurance Plus much more... Check out the video and additional resources related to Secrets to Improving Cash Flow. 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 Jacksonville real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to maximizing cash flow on rentals in McAllen. This class is Module 26 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include how to improve cash flow: When selecting a real estate agent/broker Locking/floating your mortgage interest rate Searching for less expensive properties Searching for pretty properties that don't need work Searching for properties and negotiating for seller concessions Searching for properties with creative financing When selecting a lender/mortgage broker When selecting a loan based on closing costs Offering less than list price when buying properties Paying for closing costs upfront instead of financing them Pre-paying Private Mortgage Insurance (PMI) instead of paying it monthly Getting a staggered rate mortgage Buying down your mortgage interest rate Improving your credit score Adding a strong borrower to the loan Removing a weak borrower from the loan Getting a loan partner Signing up for auto-pay Having additional accounts or relationship with your lender Changing the amortization of the loan including interest only loans, negative amortization loans Improving your interest rate from changing loan durations Extending the repayment period Changing the amount borrowed Changing your loan-to-value of the mortgage Accepting an adjustable-rate mortgage Eliminating PMI Pre-paying PMI Utilizing a rate and term refinance before acquisition Doing a cash out refi to buy/refi a property Paying cash for a property instead of financing it When getting private or creative financing Formally assuming a mortgage Changing the term of the lease Utilizing lease-options Niching down and catering to a specific group of tenants Utilizing roommates, renting by bed/bedroom and/or renting by parts Subdividing the property Upgrading the property Installing solar Furnishing the property Converting the property to more optimal configurations Collecting improvement rent Optimizing the marketing of the property Maximizing exposure when marketing Improving your sales skills to tenants and tenant-buyers Optimizing showings Refinancing the property to extend term and/or improve rate Paying off the loan completely Correcting inaccurately assessed properties Voting to minimize taxes Shopping insurance rates Changing insurance coverages Changing who is insured Changing insurance deductibles Requesting PMI be removed Getting discount for auto-pay Getting discount for early payment Self-managing the property Hiring a professional property manager Managing your property manager Insisting on best property management practices Maintaining your property Using quality materials in your property Accelerating depreciation Offering additional paid services to tenants Offering done-for-them services to tenants Correctly billing back for services included Tiering rent by credit score Collecting pet rent Changing billing frequency Offering auto-pay Offering discount for early or on-time payments Insisting on ample notice of lease renewal Marketing early for next tenant Renewing leases during peak season Insisting on tenant's having renter's insurance Plus much more... Check out the video and additional resources related to Secrets to Improving Cash Flow. 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 McAllen real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to maximizing cash flow on rentals in Milwaukee. This class is Module 26 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include how to improve cash flow: When selecting a real estate agent/broker Locking/floating your mortgage interest rate Searching for less expensive properties Searching for pretty properties that don't need work Searching for properties and negotiating for seller concessions Searching for properties with creative financing When selecting a lender/mortgage broker When selecting a loan based on closing costs Offering less than list price when buying properties Paying for closing costs upfront instead of financing them Pre-paying Private Mortgage Insurance (PMI) instead of paying it monthly Getting a staggered rate mortgage Buying down your mortgage interest rate Improving your credit score Adding a strong borrower to the loan Removing a weak borrower from the loan Getting a loan partner Signing up for auto-pay Having additional accounts or relationship with your lender Changing the amortization of the loan including interest only loans, negative amortization loans Improving your interest rate from changing loan durations Extending the repayment period Changing the amount borrowed Changing your loan-to-value of the mortgage Accepting an adjustable-rate mortgage Eliminating PMI Pre-paying PMI Utilizing a rate and term refinance before acquisition Doing a cash out refi to buy/refi a property Paying cash for a property instead of financing it When getting private or creative financing Formally assuming a mortgage Changing the term of the lease Utilizing lease-options Niching down and catering to a specific group of tenants Utilizing roommates, renting by bed/bedroom and/or renting by parts Subdividing the property Upgrading the property Installing solar Furnishing the property Converting the property to more optimal configurations Collecting improvement rent Optimizing the marketing of the property Maximizing exposure when marketing Improving your sales skills to tenants and tenant-buyers Optimizing showings Refinancing the property to extend term and/or improve rate Paying off the loan completely Correcting inaccurately assessed properties Voting to minimize taxes Shopping insurance rates Changing insurance coverages Changing who is insured Changing insurance deductibles Requesting PMI be removed Getting discount for auto-pay Getting discount for early payment Self-managing the property Hiring a professional property manager Managing your property manager Insisting on best property management practices Maintaining your property Using quality materials in your property Accelerating depreciation Offering additional paid services to tenants Offering done-for-them services to tenants Correctly billing back for services included Tiering rent by credit score Collecting pet rent Changing billing frequency Offering auto-pay Offering discount for early or on-time payments Insisting on ample notice of lease renewal Marketing early for next tenant Renewing leases during peak season Insisting on tenant's having renter's insurance Plus much more... Check out the video and additional resources related to Secrets to Improving Cash Flow. 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 Milwaukee real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to maximizing cash flow on rentals in Las Vegas. This class is Module 26 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include how to improve cash flow: When selecting a real estate agent/broker Locking/floating your mortgage interest rate Searching for less expensive properties Searching for pretty properties that don't need work Searching for properties and negotiating for seller concessions Searching for properties with creative financing When selecting a lender/mortgage broker When selecting a loan based on closing costs Offering less than list price when buying properties Paying for closing costs upfront instead of financing them Pre-paying Private Mortgage Insurance (PMI) instead of paying it monthly Getting a staggered rate mortgage Buying down your mortgage interest rate Improving your credit score Adding a strong borrower to the loan Removing a weak borrower from the loan Getting a loan partner Signing up for auto-pay Having additional accounts or relationship with your lender Changing the amortization of the loan including interest only loans, negative amortization loans Improving your interest rate from changing loan durations Extending the repayment period Changing the amount borrowed Changing your loan-to-value of the mortgage Accepting an adjustable-rate mortgage Eliminating PMI Pre-paying PMI Utilizing a rate and term refinance before acquisition Doing a cash out refi to buy/refi a property Paying cash for a property instead of financing it When getting private or creative financing Formally assuming a mortgage Changing the term of the lease Utilizing lease-options Niching down and catering to a specific group of tenants Utilizing roommates, renting by bed/bedroom and/or renting by parts Subdividing the property Upgrading the property Installing solar Furnishing the property Converting the property to more optimal configurations Collecting improvement rent Optimizing the marketing of the property Maximizing exposure when marketing Improving your sales skills to tenants and tenant-buyers Optimizing showings Refinancing the property to extend term and/or improve rate Paying off the loan completely Correcting inaccurately assessed properties Voting to minimize taxes Shopping insurance rates Changing insurance coverages Changing who is insured Changing insurance deductibles Requesting PMI be removed Getting discount for auto-pay Getting discount for early payment Self-managing the property Hiring a professional property manager Managing your property manager Insisting on best property management practices Maintaining your property Using quality materials in your property Accelerating depreciation Offering additional paid services to tenants Offering done-for-them services to tenants Correctly billing back for services included Tiering rent by credit score Collecting pet rent Changing billing frequency Offering auto-pay Offering discount for early or on-time payments Insisting on ample notice of lease renewal Marketing early for next tenant Renewing leases during peak season Insisting on tenant's having renter's insurance Plus much more... Check out the video and additional resources related to Secrets to Improving Cash Flow. 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 Las Vegas real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to maximizing cash flow on rentals in Kenosha. This class is Module 26 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include how to improve cash flow: When selecting a real estate agent/broker Locking/floating your mortgage interest rate Searching for less expensive properties Searching for pretty properties that don't need work Searching for properties and negotiating for seller concessions Searching for properties with creative financing When selecting a lender/mortgage broker When selecting a loan based on closing costs Offering less than list price when buying properties Paying for closing costs upfront instead of financing them Pre-paying Private Mortgage Insurance (PMI) instead of paying it monthly Getting a staggered rate mortgage Buying down your mortgage interest rate Improving your credit score Adding a strong borrower to the loan Removing a weak borrower from the loan Getting a loan partner Signing up for auto-pay Having additional accounts or relationship with your lender Changing the amortization of the loan including interest only loans, negative amortization loans Improving your interest rate from changing loan durations Extending the repayment period Changing the amount borrowed Changing your loan-to-value of the mortgage Accepting an adjustable-rate mortgage Eliminating PMI Pre-paying PMI Utilizing a rate and term refinance before acquisition Doing a cash out refi to buy/refi a property Paying cash for a property instead of financing it When getting private or creative financing Formally assuming a mortgage Changing the term of the lease Utilizing lease-options Niching down and catering to a specific group of tenants Utilizing roommates, renting by bed/bedroom and/or renting by parts Subdividing the property Upgrading the property Installing solar Furnishing the property Converting the property to more optimal configurations Collecting improvement rent Optimizing the marketing of the property Maximizing exposure when marketing Improving your sales skills to tenants and tenant-buyers Optimizing showings Refinancing the property to extend term and/or improve rate Paying off the loan completely Correcting inaccurately assessed properties Voting to minimize taxes Shopping insurance rates Changing insurance coverages Changing who is insured Changing insurance deductibles Requesting PMI be removed Getting discount for auto-pay Getting discount for early payment Self-managing the property Hiring a professional property manager Managing your property manager Insisting on best property management practices Maintaining your property Using quality materials in your property Accelerating depreciation Offering additional paid services to tenants Offering done-for-them services to tenants Correctly billing back for services included Tiering rent by credit score Collecting pet rent Changing billing frequency Offering auto-pay Offering discount for early or on-time payments Insisting on ample notice of lease renewal Marketing early for next tenant Renewing leases during peak season Insisting on tenant's having renter's insurance Plus much more... Check out the video and additional resources related to Secrets to Improving Cash Flow. 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 Kenosha real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to maximizing cash flow on rentals in Denver. This class is Module 26 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include how to improve cash flow: When selecting a real estate agent/broker Locking/floating your mortgage interest rate Searching for less expensive properties Searching for pretty properties that don't need work Searching for properties and negotiating for seller concessions Searching for properties with creative financing When selecting a lender/mortgage broker When selecting a loan based on closing costs Offering less than list price when buying properties Paying for closing costs upfront instead of financing them Pre-paying Private Mortgage Insurance (PMI) instead of paying it monthly Getting a staggered rate mortgage Buying down your mortgage interest rate Improving your credit score Adding a strong borrower to the loan Removing a weak borrower from the loan Getting a loan partner Signing up for auto-pay Having additional accounts or relationship with your lender Changing the amortization of the loan including interest only loans, negative amortization loans Improving your interest rate from changing loan durations Extending the repayment period Changing the amount borrowed Changing your loan-to-value of the mortgage Accepting an adjustable-rate mortgage Eliminating PMI Pre-paying PMI Utilizing a rate and term refinance before acquisition Doing a cash out refi to buy/refi a property Paying cash for a property instead of financing it When getting private or creative financing Formally assuming a mortgage Changing the term of the lease Utilizing lease-options Niching down and catering to a specific group of tenants Utilizing roommates, renting by bed/bedroom and/or renting by parts Subdividing the property Upgrading the property Installing solar Furnishing the property Converting the property to more optimal configurations Collecting improvement rent Optimizing the marketing of the property Maximizing exposure when marketing Improving your sales skills to tenants and tenant-buyers Optimizing showings Refinancing the property to extend term and/or improve rate Paying off the loan completely Correcting inaccurately assessed properties Voting to minimize taxes Shopping insurance rates Changing insurance coverages Changing who is insured Changing insurance deductibles Requesting PMI be removed Getting discount for auto-pay Getting discount for early payment Self-managing the property Hiring a professional property manager Managing your property manager Insisting on best property management practices Maintaining your property Using quality materials in your property Accelerating depreciation Offering additional paid services to tenants Offering done-for-them services to tenants Correctly billing back for services included Tiering rent by credit score Collecting pet rent Changing billing frequency Offering auto-pay Offering discount for early or on-time payments Insisting on ample notice of lease renewal Marketing early for next tenant Renewing leases during peak season Insisting on tenant's having renter's insurance Plus much more... Check out the video and additional resources related to Secrets to Improving Cash Flow. 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 Denver real estate investor podcast? Book a free consultation to discuss.

Welcome back to America's #1 Daily Podcast,  featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris?  Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com In this episode, we interview Keith Jensen. Tim Harris and Keith discuss the anticipated release of Fannie Mae and Freddie Mac from conservatorship. Keith provides insights into the reasons behind this move and its potential timing, analyzing how privatization could positively impact the housing market. We explore expected benefits such as increased availability of diverse mortgage products, reduced borrowing costs, lower interest rates, and the potential reduction or elimination of Private Mortgage Insurance (PMI). Join us to understand the future of housing finance and what these changes mean for homeowners and the broader economy. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/ Keith mentions Former Governer Ricky Rossellos book during the interview. Here is the link to grab your copy: https://rickyrossello.com/the-book/

This chapter from Adam Olson's book, “21 Things You Need to Know About Money”, provides advice on how to determine the appropriate size of a mortgage. Adam stresses the importance of considering factors such as income, existing debt, and savings when deciding how much to borrow. He strongly advises against taking on a mortgage that exceeds 20% of your net income, emphasizing the need for cash flow flexibility. Adam highlights the impact of interest rates and the need for a 20% down payment to avoid Private Mortgage Insurance (PMI). He also recommends consulting with a financial advisor or mortgage broker to navigate the complexities of the mortgage process. Learn more about Adam Olson by visiting the following links: Facebook Personal Website Business Website -- Investing involves risk, including loss of principal.    Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions.  Any strategies discussed may not be suitable for everyone.  Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC.  Adam Olson, Representative.  Mutual of Omaha Investor Services is not affiliated with any entity listed herein.  This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product. Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties.  Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.

We're diving deeper into the 2024 housing market forecast with the latest data on inventory, prices, rents, and a possible recession. But remember, the most important factor is still LOW INVENTORY! So, are you ready to stop waiting and start acting?Highlights:"Unlike back in the 2008 Great Recession period, it is not a question of lacking buyers. We still have multiple offers. And it's also not a question about massive supply where it's leading to home prices plunging. We don't have enough supply, so we are hitting record high home prices." - Lawrence Yun, NAR Economist (Uncle Larry)"While inventory nationally and in most markets is higher than one year ago, it remains low from a historical perspective." - Mark Fleming, First American Chief Economist"Expert forecasts lean towards a moderation in home price growth over the next five years. This translate to a slower and more sustainable pace of appreciation compared to the breakout speed witnessed in recent years, rather than a free fall in prices." - Marco Santarelli, Founder of Norada Real Estate Investments"Since 2020, rents have gone up 30%... Have you gotten a 28% pay raise since 2020? If you haven't, then rents suck." - David Sidoni"In every recession since the 1980s, housing has gone up during the recession, just like the bond market is...opposed to the stock market...owning property is your best hedge against inflation when times get tough." - David SidoniReferenced Episodes:Episode 198 & 216: Learn about Private Mortgage Insurance (PMI) and why it's not the devil.Episode 69 & 106: David Sidoni discusses Dave Ramsey and the math behind homeownership decisions.General Overview:In this episode, David Sidoni delves deeper into the 2024 housing market, emphasizing the ongoing inventory crisis as the key factor influencing prices and affordability. He provides insights into the potential for a recession, its impact on housing, and how rising rents further support the argument for buying over renting.Despite current market conditions, David encourages first-time homebuyers to act now and take advantage of the creative solutions available to make homeownership a reality.Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeThis podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!Visit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!"Last Lease Ever" - Start your custom 12-month action plan to replace your rent with the savings of home equity, at no cost to you. Message David NOW to assemble YOUR Unicorn team ASAP!

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... 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 Fort Collins real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... 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 Denver real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... 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 Kenosha real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... 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 McAllen real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... 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 Las Vegas real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... 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 Milwaukee real estate investor podcast? Book a free consultation to discuss.

Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore: Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers! The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™? Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued? The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story. This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more. So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss! In this class, James discusses: What is Private Mortgage Insurance (PMI)? Is PMI deductible for home-owners? Is PMI deductible for Nomads™? Is PMI deductible for house hackers? Can you eve have PMI as a real estate investor? Is PMI deductible for real estate investors? Plus much more... 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 Jacksonville real estate investor podcast? Book a free consultation to discuss.

Join Jeff and Ryan as they unpack the complexities of Private Mortgage Insurance (PMI) and offer valuable strategies for navigating the real estate market; this episode covers: - Understanding PMI: Benefits, costs, and removal guidelines. - How current market conditions create acquisition opportunities. - The role of experienced teams in successful real estate deals. - Key loan products for short-term rentals and second homes. - Importance of experience in securing loans and choosing financial services. Follow Ryan online: https://www.instagram.com/learnlikeacpa/ Timestamps: 00:00 Intro 06:45 Navigating ten mortgages with Fannie Mae and Freddie Mac 10:02 Gaining approval confidence through data analytics 13:38 Why choosing quality over price matters 16:07 FHA loans and long-term PMI 17:53 Understanding PMI costs: 0.23-0.28% explained 22:49 Removing PMI with a new appraisal 26:04 Seizing more opportunities in a favorable rate environment 27:55 How higher interest rates reduce buyer competition 31:20 Success with a proven investment model Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors ► Join here: https://www.facebook.com/groups/taxstrategyforinvestors Interested in working with me? Apply here: ► https://learnlikeacpa.mykajabi.com/Application Let's connect! ► Instagram: https://www.instagram.com/learnlikeacpa ► LinkedIn: www.linkedin.com/in/learnlikeacpa ► Twitter: https://twitter.com/LearnLikeaCPA ► Facebook: https://www.facebook.com/learnlikeacpa ► Tiktok: https://www.tiktok.com/@learnlikeacpa *None of this is meant to be specific investment advice, it's for entertainment purposes only.

Episode 103 - Real Estate Exam Questions: Real Estate Finance, Lending & Math, Part 2 Going through state exam questions to help real estate students pass their state exam.   01:35 – Thank you for helping me reach 500,000 downloads!! 02:40 – Find you support system to get you through the class, the exam, and your career. 05:55 – List of recent grads: Andrea, Dylan, Matt, Karina, Iris, Ricardo, Yadira, Miracle, Jennifer, Brittany, Antonio, Dominic, Ashley, Kristian, Halie, Rikkel, May, Blanca, Mayra, Chellsea, Marilyn, Leslie, Talia, Max, Danielle, Madelene, Sherry, Brooklyn, Gracelyn, Dar, Lillian, Alexander, Carmen, Tosin, Davonnia, Micah, Maria, Marcus, Lawrence, Bernadine, Fabiola, Ana, Jose, Natasha, Rachel, Alicia, Abby, John, Jason, Brandon, Oliver, Karla, Erin, Ameca, and Scott. 07:40 – Listener Messages from Matt and Karina. 12:05 – Episode Focus: Finance and lending in real estate, part two. 12:45 – Primary versus Secondary mortgage market. 15:40 – Loan to Value; LTV; loan and downpayment. 23:40 – Private Mortgage Insurance (PMI) and Mortgage Insurance Premium (MIP); Homeowner's Protection Act of 1998; Conventional loan; loan amount higher than 80% or downpayment lower than 20%. 27:25 – FHA and VA loans; insured versus guaranteed loans. 30:10 – Loan types: straight loan, adjustable-rate mortgage (ARM; index, margin, and rate caps), balloon loan, reverse mortgage, package loan, blanket loan, wraparound loan, home equity loan (HELOC), bridge loan, and buydown mortgage. 53:20 – Truth In Lending Act (TILA) and Regulation Z; applies only to residential loans; annual percentage rate (APR), three day right of recission; advertising; trigger terms. 1:04:10 – Reach out to me if you are seeing questions about credit scoring and/or loan underwriting. 1:05:15 - Exam questions 1:26:45 – July's episode is all about appraisal and valuation; income approach, and other appraisal terms you will need to know to pass the real estate exam.   Go to www.ahareep.com and sign up for the program for only $35, use discount code: legendary15 to save 15% off.   Go to www.indianarealestateinstitute.com for Indiana real estate classes.   A-Ha LINKS   Email info@ahareep.com   Web www.ahareep.com   Facebook https://www.facebook.com/AHA.REEP   YouTube https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A

Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and myths. In this special class, James will discuss some of the more common myths about PMI and the truth about what PMI is, and why its reputation is misguided and/or misunderstood. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The following myths: PMI is always required for down payments less than 20%. PMI is permanent and can never be removed. PMI is the same as homeowner's insurance. PMI protects the homeowner, not the lender. PMI is tax-deductible. PMI protects the borrower in case of job loss or disability. PMI is the same for all borrowers and loans. PMI premiums are fixed for the life of the loan. PMI is always monthly, always paid as a lump sum at closing, and/or always paid by the lender in exchange for a higher interest rate. PMI rates are set by the government. PMI is required for all types of loans. PMI is only required for first-time homebuyers. PMI is only required for single-family homes. PMI is only required by big banks. PMI is always cheaper than a second mortgage. PMI pays off my house if I die with a mortgage. PMI increases the monthly mortgage payment. PMI is a waste of money. Refinancing is the only way to get rid of PMI. Lenders benefit from PMI. PMI covers the full mortgage amount. You should always pay PMI Monthly. You should always pay PMI in a single up-front, lump-sum payment. You should always take a higher interest rate and have the lender pay PMI. Plus much more... 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 Fort Collins real estate investor podcast? Book a free consultation to discuss.

Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and myths. In this special class, James will discuss some of the more common myths about PMI and the truth about what PMI is, and why its reputation is misguided and/or misunderstood. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The following myths: PMI is always required for down payments less than 20%. PMI is permanent and can never be removed. PMI is the same as homeowner's insurance. PMI protects the homeowner, not the lender. PMI is tax-deductible. PMI protects the borrower in case of job loss or disability. PMI is the same for all borrowers and loans. PMI premiums are fixed for the life of the loan. PMI is always monthly, always paid as a lump sum at closing, and/or always paid by the lender in exchange for a higher interest rate. PMI rates are set by the government. PMI is required for all types of loans. PMI is only required for first-time homebuyers. PMI is only required for single-family homes. PMI is only required by big banks. PMI is always cheaper than a second mortgage. PMI pays off my house if I die with a mortgage. PMI increases the monthly mortgage payment. PMI is a waste of money. Refinancing is the only way to get rid of PMI. Lenders benefit from PMI. PMI covers the full mortgage amount. You should always pay PMI Monthly. You should always pay PMI in a single up-front, lump-sum payment. You should always take a higher interest rate and have the lender pay PMI. Plus much more... 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 Jacksonville real estate investor podcast? Book a free consultation to discuss.

Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and myths. In this special class, James will discuss some of the more common myths about PMI and the truth about what PMI is, and why its reputation is misguided and/or misunderstood. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The following myths: PMI is always required for down payments less than 20%. PMI is permanent and can never be removed. PMI is the same as homeowner's insurance. PMI protects the homeowner, not the lender. PMI is tax-deductible. PMI protects the borrower in case of job loss or disability. PMI is the same for all borrowers and loans. PMI premiums are fixed for the life of the loan. PMI is always monthly, always paid as a lump sum at closing, and/or always paid by the lender in exchange for a higher interest rate. PMI rates are set by the government. PMI is required for all types of loans. PMI is only required for first-time homebuyers. PMI is only required for single-family homes. PMI is only required by big banks. PMI is always cheaper than a second mortgage. PMI pays off my house if I die with a mortgage. PMI increases the monthly mortgage payment. PMI is a waste of money. Refinancing is the only way to get rid of PMI. Lenders benefit from PMI. PMI covers the full mortgage amount. You should always pay PMI Monthly. You should always pay PMI in a single up-front, lump-sum payment. You should always take a higher interest rate and have the lender pay PMI. Plus much more... 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 McAllen real estate investor podcast? Book a free consultation to discuss.

Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and myths. In this special class, James will discuss some of the more common myths about PMI and the truth about what PMI is, and why its reputation is misguided and/or misunderstood. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The following myths: PMI is always required for down payments less than 20%. PMI is permanent and can never be removed. PMI is the same as homeowner's insurance. PMI protects the homeowner, not the lender. PMI is tax-deductible. PMI protects the borrower in case of job loss or disability. PMI is the same for all borrowers and loans. PMI premiums are fixed for the life of the loan. PMI is always monthly, always paid as a lump sum at closing, and/or always paid by the lender in exchange for a higher interest rate. PMI rates are set by the government. PMI is required for all types of loans. PMI is only required for first-time homebuyers. PMI is only required for single-family homes. PMI is only required by big banks. PMI is always cheaper than a second mortgage. PMI pays off my house if I die with a mortgage. PMI increases the monthly mortgage payment. PMI is a waste of money. Refinancing is the only way to get rid of PMI. Lenders benefit from PMI. PMI covers the full mortgage amount. You should always pay PMI Monthly. You should always pay PMI in a single up-front, lump-sum payment. You should always take a higher interest rate and have the lender pay PMI. Plus much more... 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 Milwaukee real estate investor podcast? Book a free consultation to discuss.

Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and myths. In this special class, James will discuss some of the more common myths about PMI and the truth about what PMI is, and why its reputation is misguided and/or misunderstood. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The following myths: PMI is always required for down payments less than 20%. PMI is permanent and can never be removed. PMI is the same as homeowner's insurance. PMI protects the homeowner, not the lender. PMI is tax-deductible. PMI protects the borrower in case of job loss or disability. PMI is the same for all borrowers and loans. PMI premiums are fixed for the life of the loan. PMI is always monthly, always paid as a lump sum at closing, and/or always paid by the lender in exchange for a higher interest rate. PMI rates are set by the government. PMI is required for all types of loans. PMI is only required for first-time homebuyers. PMI is only required for single-family homes. PMI is only required by big banks. PMI is always cheaper than a second mortgage. PMI pays off my house if I die with a mortgage. PMI increases the monthly mortgage payment. PMI is a waste of money. Refinancing is the only way to get rid of PMI. Lenders benefit from PMI. PMI covers the full mortgage amount. You should always pay PMI Monthly. You should always pay PMI in a single up-front, lump-sum payment. You should always take a higher interest rate and have the lender pay PMI. Plus much more... 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 Las Vegas real estate investor podcast? Book a free consultation to discuss.

Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and myths. In this special class, James will discuss some of the more common myths about PMI and the truth about what PMI is, and why its reputation is misguided and/or misunderstood. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The following myths: PMI is always required for down payments less than 20%. PMI is permanent and can never be removed. PMI is the same as homeowner's insurance. PMI protects the homeowner, not the lender. PMI is tax-deductible. PMI protects the borrower in case of job loss or disability. PMI is the same for all borrowers and loans. PMI premiums are fixed for the life of the loan. PMI is always monthly, always paid as a lump sum at closing, and/or always paid by the lender in exchange for a higher interest rate. PMI rates are set by the government. PMI is required for all types of loans. PMI is only required for first-time homebuyers. PMI is only required for single-family homes. PMI is only required by big banks. PMI is always cheaper than a second mortgage. PMI pays off my house if I die with a mortgage. PMI increases the monthly mortgage payment. PMI is a waste of money. Refinancing is the only way to get rid of PMI. Lenders benefit from PMI. PMI covers the full mortgage amount. You should always pay PMI Monthly. You should always pay PMI in a single up-front, lump-sum payment. You should always take a higher interest rate and have the lender pay PMI. Plus much more... 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 Kenosha real estate investor podcast? Book a free consultation to discuss.

Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and myths. In this special class, James will discuss some of the more common myths about PMI and the truth about what PMI is, and why its reputation is misguided and/or misunderstood. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The following myths: PMI is always required for down payments less than 20%. PMI is permanent and can never be removed. PMI is the same as homeowner's insurance. PMI protects the homeowner, not the lender. PMI is tax-deductible. PMI protects the borrower in case of job loss or disability. PMI is the same for all borrowers and loans. PMI premiums are fixed for the life of the loan. PMI is always monthly, always paid as a lump sum at closing, and/or always paid by the lender in exchange for a higher interest rate. PMI rates are set by the government. PMI is required for all types of loans. PMI is only required for first-time homebuyers. PMI is only required for single-family homes. PMI is only required by big banks. PMI is always cheaper than a second mortgage. PMI pays off my house if I die with a mortgage. PMI increases the monthly mortgage payment. PMI is a waste of money. Refinancing is the only way to get rid of PMI. Lenders benefit from PMI. PMI covers the full mortgage amount. You should always pay PMI Monthly. You should always pay PMI in a single up-front, lump-sum payment. You should always take a higher interest rate and have the lender pay PMI. Plus much more... 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 Denver real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it using The World's Greatest Real Estate Deal Analysis Spreadsheet™. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? How to anaylze deals with a single up-front, lup-sum PMI payment How to anaylze deals with lender-paid PMI where the interest rate is higher How to anaylze deals with monthly paid PMI How to analyze deals with PMI on FHA loans Plus much more... 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 Fort Collins real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it using The World's Greatest Real Estate Deal Analysis Spreadsheet™. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? How to anaylze deals with a single up-front, lup-sum PMI payment How to anaylze deals with lender-paid PMI where the interest rate is higher How to anaylze deals with monthly paid PMI How to analyze deals with PMI on FHA loans Plus much more... 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 Jacksonville real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it using The World's Greatest Real Estate Deal Analysis Spreadsheet™. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? How to anaylze deals with a single up-front, lup-sum PMI payment How to anaylze deals with lender-paid PMI where the interest rate is higher How to anaylze deals with monthly paid PMI How to analyze deals with PMI on FHA loans Plus much more... 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 McAllen real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it using The World's Greatest Real Estate Deal Analysis Spreadsheet™. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? How to anaylze deals with a single up-front, lup-sum PMI payment How to anaylze deals with lender-paid PMI where the interest rate is higher How to anaylze deals with monthly paid PMI How to analyze deals with PMI on FHA loans Plus much more... 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 Milwaukee real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it using The World's Greatest Real Estate Deal Analysis Spreadsheet™. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? How to anaylze deals with a single up-front, lup-sum PMI payment How to anaylze deals with lender-paid PMI where the interest rate is higher How to anaylze deals with monthly paid PMI How to analyze deals with PMI on FHA loans Plus much more... 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 Las Vegas real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it using The World's Greatest Real Estate Deal Analysis Spreadsheet™. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? How to anaylze deals with a single up-front, lup-sum PMI payment How to anaylze deals with lender-paid PMI where the interest rate is higher How to anaylze deals with monthly paid PMI How to analyze deals with PMI on FHA loans Plus much more... 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 Kenosha real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it using The World's Greatest Real Estate Deal Analysis Spreadsheet™. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? How to anaylze deals with a single up-front, lup-sum PMI payment How to anaylze deals with lender-paid PMI where the interest rate is higher How to anaylze deals with monthly paid PMI How to analyze deals with PMI on FHA loans Plus much more... 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 Denver real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest rate for taking on more risk and require that you pay a third party to insure them in case you default. This insurance you pay to the third party is called Private Mortgage Insurance. But how much is it? The easiest way to find out is to call your lender and have them calculate it for you. But, if you insist on calculating it yourself—or you prefer to know some of the factors involved in how to lower the cost of private mortgage insurance for yourself—in this mini-class, James will walk you through how to do the calculation yourself. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The best way to get your PMI amount is to call your lender How to calculate PMI using a PMI rate sheet The factors that impact your PMI Plus much more... 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 Fort Collins real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest rate for taking on more risk and require that you pay a third party to insure them in case you default. This insurance you pay to the third party is called Private Mortgage Insurance. But how much is it? The easiest way to find out is to call your lender and have them calculate it for you. But, if you insist on calculating it yourself—or you prefer to know some of the factors involved in how to lower the cost of private mortgage insurance for yourself—in this mini-class, James will walk you through how to do the calculation yourself. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The best way to get your PMI amount is to call your lender How to calculate PMI using a PMI rate sheet The factors that impact your PMI Plus much more... 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 Las Vegas real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest rate for taking on more risk and require that you pay a third party to insure them in case you default. This insurance you pay to the third party is called Private Mortgage Insurance. But how much is it? The easiest way to find out is to call your lender and have them calculate it for you. But, if you insist on calculating it yourself—or you prefer to know some of the factors involved in how to lower the cost of private mortgage insurance for yourself—in this mini-class, James will walk you through how to do the calculation yourself. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The best way to get your PMI amount is to call your lender How to calculate PMI using a PMI rate sheet The factors that impact your PMI Plus much more... 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 Denver real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest rate for taking on more risk and require that you pay a third party to insure them in case you default. This insurance you pay to the third party is called Private Mortgage Insurance. But how much is it? The easiest way to find out is to call your lender and have them calculate it for you. But, if you insist on calculating it yourself—or you prefer to know some of the factors involved in how to lower the cost of private mortgage insurance for yourself—in this mini-class, James will walk you through how to do the calculation yourself. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The best way to get your PMI amount is to call your lender How to calculate PMI using a PMI rate sheet The factors that impact your PMI Plus much more... 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 Kenosha real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest rate for taking on more risk and require that you pay a third party to insure them in case you default. This insurance you pay to the third party is called Private Mortgage Insurance. But how much is it? The easiest way to find out is to call your lender and have them calculate it for you. But, if you insist on calculating it yourself—or you prefer to know some of the factors involved in how to lower the cost of private mortgage insurance for yourself—in this mini-class, James will walk you through how to do the calculation yourself. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The best way to get your PMI amount is to call your lender How to calculate PMI using a PMI rate sheet The factors that impact your PMI Plus much more... 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 Milwaukee real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest rate for taking on more risk and require that you pay a third party to insure them in case you default. This insurance you pay to the third party is called Private Mortgage Insurance. But how much is it? The easiest way to find out is to call your lender and have them calculate it for you. But, if you insist on calculating it yourself—or you prefer to know some of the factors involved in how to lower the cost of private mortgage insurance for yourself—in this mini-class, James will walk you through how to do the calculation yourself. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The best way to get your PMI amount is to call your lender How to calculate PMI using a PMI rate sheet The factors that impact your PMI Plus much more... 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 McAllen real estate investor podcast? Book a free consultation to discuss.

How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest rate for taking on more risk and require that you pay a third party to insure them in case you default. This insurance you pay to the third party is called Private Mortgage Insurance. But how much is it? The easiest way to find out is to call your lender and have them calculate it for you. But, if you insist on calculating it yourself—or you prefer to know some of the factors involved in how to lower the cost of private mortgage insurance for yourself—in this mini-class, James will walk you through how to do the calculation yourself. In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? The best way to get your PMI amount is to call your lender How to calculate PMI using a PMI rate sheet The factors that impact your PMI Plus much more... 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 Jacksonville real estate investor podcast? Book a free consultation to discuss.

The 3 Strategies to Pay Private Mortgage Insurance (PMI) Whether they're putting 15% down and buying a non-owner-occupied property or utilizing an owner-occupied loan with 0%, 3%, 3.5%, or 5% down for Nomading™ or house hacking, some real estate investors will choose to put less than 20% down. With the decision to put less than 20% down comes the choice of how to pay for private mortgage insurance (PMI). There are three options (plus some combinations of the three options): up-front lump sum, lender-paid, and monthly. And, as you might have guessed, there are pros and cons to each option. In this mini-class, James will cover the three options and go over the pros and cons of each. Check out the video from this class here: The 3 Strategies to Pay Private Mortgage Insurance - Video In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? Paying PMI with a single, upfront, lump-sum payment Voluntarily increasing your mortgage interest rate and having the lender pay for PMI Paying PMI monthly The pros and cons of utilizing each strategy Plus much more... 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 Fort Collins real estate investor podcast? Book a free consultation to discuss.

Options to buying a home in rural Wisconsin just got a little easier with Compeer Financials groundbreaking First-Time Homebuyer Program, designed eliminate barriers like down payments and Private Mortgage Insurance (PMI) costs. Compeer's Rural Living Solutions (RLS) team is proud to unveil this innovative financing option, catering specifically to those seeking to purchase a home for the first time. With the RLS First-Time Homebuyer Program, prospective buyers can access up to $400,000 in financing to purchase homes situated in small towns and rural areas within Compeer's territory. What sets this program apart from conventional loans is its unique offering of a 0% down payment requirement and the exclusion of PMI expenses. These financial barriers often stand in the way of aspiring homeowners, but Compeer's program aims to make the dream of homeownership a reality. Pam Jahnke visits with loan officer, Steve Leffew.  He's a member of the Rural Living Solutions team.See omnystudio.com/listener for privacy information.

What Affects Your PMI Rate Lenders prefer that you put at least 20% down, but if you push hard enough, many will allow you to put less than 20% down if you're willing to purchase insurance to protect them in case you default. This insurance is called Private Mortgage Insurance. The cost of this insurance depends on several factors. Some are primary factors and have a significant impact on the cost of the insurance policy. Other factors are secondary and affect the premium, but only to a smaller extent. In this mini-class, James will go over the things that affect your private mortgage insurance rate if you decide to put less than 20% down when buying properties. Check out the video from this class here: What Affects Your PMI Rate - Video In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? Factors that affect your PMI rate Loan-To-Value of the property (often just the first lien) Coverage amount for the lender Your credit score Amortization term of the loan itself - shorter terms have lower PMI Fixed and variable payment amounts Time you've been paying the rate Lender (separate pricing sheet for Credit Unions) Hard minimums for PMI rates Cash-out refinance Second home Employee relocation loans Manufactured Homes Investment Property 3-4 units Lender-Paid Monthly Premium Declining Renewals Annual Premium Refundable Monthly Premium High Debt-To-Income Ratio (> 45% DTI) More than 1 borrower on the loan (reduces PMI rate) Plus much more... 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 Fort Collins real estate investor podcast? Book a free consultation to discuss.

What is PMI And How to Avoid It You want to work with a lender so that you don't need to purchase a property with all cash. The lender is willing to lend you money, charging you interest to make a profit, and ensuring there is a safety buffer of equity in case you default and they need to foreclose to recover their funds. Your goal is to minimize the amount you need to invest in the deal to maximize your return on investment, but the lender requires a minimum down payment of 20% to feel secure in loaning you the money in case you default and they need to foreclose to recover the property and their money. You insist on putting down less than 20%. Reluctantly, they agree to let you put less than 20% down, but only if you purchase third-party insurance to protect them in case of default. You agree. The third-party insurance company is offering private mortgage insurance (PMI), which is insurance you pay to protect the lender in case you default because you put down less than 20%. In this mini-class, we will look at PMI, what it is, and how you can avoid it as a real estate investor. Check out the video from this class here: What is PMI And How to Avoid It - Video In this class, James discusses: What is Private Mortgage Insurance (PMI) and why does it exist? What is PMI called for FHA loans? How to avoid paying PMI? Putting at least 20% down to avoid paying PMI Paying down on your loan to get rid of PMI Opting to take a higher mortgage interest rate instead of PMI Get a loan that doesn't have PMI at all Utilize the creative financing strategies that don't have PMI Plus much more... 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 Fort Collins real estate investor podcast? Book a free consultation to discuss.

Are you in the process of securing a mortgage for your dream home? Navigating the world of mortgage insurance can be quite the challenge, but worry not! In this enlightening video, we break down the two main types of insurance you'll encounter during your homebuying journey: Private Mortgage Insurance (PMI) and Homeowners Insurance.

Hour 3 -  Nick Reed is live at Scramblers Diner for the Friday Road Show. Here's what he covers: Former Black Panther Angela Davis finds out that she is a Mayflower descendant. Chloe Cole, a detransitioned 18-year-old woman, announced the first official lawsuit in the U.S. against the hospital and affiliated medical group that facilitated her medical transition as a minor. ALSO -  The Carriker team stops by: Interest rates are going up. If you're having difficulties finically, Don gives some tips. Some good news! Private Mortgage Insurance PMI has been reduced. Bruce Beadles joins us: Spring is almost here! The Beadles team has been working on a lot of projects outside. They've also done quite a few crawl space repairs here lately. If you do find yourself with a crawl space issue, mold issue, or want to start working on the outside of your home, call Beadles! Grandma Mary stops by: Grandma Mary talks about upcoming events that you need to know about. College of the Ozarks has an initiative to make Sept. Patriotic Education Month. If this is something you would like to see, give Gov. Parson's office a call.

The Nomad™ real estate investing strategy has you buying properties as an owner-occupant, living in them for at least a year… to fulfil your obligations to the lender for getting a low/nothing down loan with better interest rates… then converting them to a rental and moving into a new property. Repeat this until you have the number of rental properties you desire. But, how does the Nomad™ real estate investing strategy work in Fort Collins with Fort Collins housing prices, rents, taxes, insurance and rents with today's interest rates? How quickly can you achieve financial independence using the strategy? How risky is the strategy? In this class, James will walk you through the basics of the Nomad™ real estate investing strategy including all the assumptions we used for Fort Collins and you can see exactly how effective… or ineffective… the Nomad™ strategy is in Fort Collins with Fort Collins, Colorado numbers. BONUS: Plus, you'll be able to copy the Scenario into your own Real Estate Financial Planner™ account to modify any of our assumptions that you think we might have got wrong and see how that impacts the plan. James has modeled just over 300 different US cities for this class for you to choose from, jump right to Fort Collins: https://RealEstateFinancialPlanner.com/model/CO/Fort_Collins/ Watch the video version of this class: https://realestatefinancialplanner.com/real-estate-nomad-in-your-city/ Resources Mentioned In Class Cash Flow Power Meter™ - Learn about the Cash Flow Power Meter™ that appears at the top of assumptions for every property. Return Quadrants™ - Learn about all the different Return Quadrants™ and how we use them to show you how a property is performing. Everything You Learned About Deal Analysis is Wrong – ROIQ+R™ - A full class on the Return Quadrants™ and both the why we use reserves in our return calculations and how to use reserves when doing these cacluations. Model - Select YOUR CITY and see the Baseline Nomad™ Scenario. Real Estate Investor FIRE - Learn about the different types of Financial Independence Retire Early (FIRE) for real estate investors with this full class. Asset Allocation Secrets of Real Estate Investors - Learn about asset allocation for real estate investors in this special class recording. The Ultimate Guide to Private Mortgage Insurance - Learn all about Private Mortgage Insurance (PMI) in this special class recording. Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheet

You can purchase a property in Fort Collins, Colorado using an FHA loan with just 3.5% down. Heck, sometimes you can even get down payment assistance to help with the 3.5% down payment. But there are other loans with lower down payment options. However, when you put less than 20% down, FHA loans require you buy insurance to protect the lender in case you default on the loan. This insurance… called Mortgage Insurance Premiums (MIP) for FHA loans or the equivalent of Private Mortgage Insurance (PMI) on other types of loans… has both an upfront premium and a monthly premium. And, with FHA loans this monthly premium NEVER goes away… even when you pay down the loan to well below 80% loan-to-value. With this Mortgage Insurance Premium (MIP) that never goes away… does that mean that FHA loans are for suckers?! Well… not so fast… in this class we will talk about the pros and cons of FHA loans and see if they're really just a sucker's loan or if Fort Collins real estate investors could utilize FHA loans in a beneficial way. See the charts and watch the video version of this class: https://realestatefinancialplanner.com/are-fha-loans-for-suckers/ Resources Mentioned In Class The Ultimate Guide to Private Mortgage Insurance - A full class on Private Mortgage Insurance. Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheet

Today I'll walk you through how to save on your mortgage payment by getting rid of pesky Private Mortgage Insurance (PMI). We'll talk about why banks use PMI, how it can affect your mortgage payments, and how to use home improvement projects to strategically increase the value of your home. So whether you own a home already or want to some day, I'll give you the tips we used to get in the door to our first home (spoiler - we didn't put 20% down) and how we've been able to drop PMI to decrease our spending.As always, please reach out to onelessthingpodcast@gmail.com or DM me @kaeliwood. Or I'd love to hear from you in a rating or review!Mortgage Payoff Calculator from exampleWhat is PMI? by Consumer Finance

Introduction Craig Loose is a Mortgage Lender with PrimeLending in Columbus, OH. He is passionate about people making good money decisions, especially first-time buyers. When not working, Craig spends time in his woodworking shop or with his fiancé. Get In Touch With Our Guest Today If you'd like to get in touch with our guest today, click on the link below and I will send you a warm introduction: Get In Touch With Our Podcast Guest Today Podcast Sponsors MyFico: 90% of top lenders use FICO® Scores—do you know yours? Check your FICO Score at MyFico.com The Smart Home Buyer Calculator: Use our 4-in-1 super-smart calculator to make sure you know your numbers before buying your first home. Get it now at The Smart Home Buyer Calculator Listen To A Podcast Guest In Your Area If you'd like to find podcast guests for your specific location or profession just click on the link below to search for them: Podcast Guest Search Find A Great Real Estate Agent Near You  If you'd like to find a great real estate agent near you, just go to this link: Real Estate Agent Near Me Awesome Resources For First-Time Home Buyers If you'd like to access other great resources for first-time home buyers just click on this link: First-Time Home Buyer Resources Let's Talk I'd love to talk to podcast listeners and get to know you all better! I can also help you answer any questions you have about buying your first home! So if you'd like to talk about that let's jump a quick call! Just schedule a time that works for you here: Schedule A Call With Laura Moreno Feedback I love receiving feedback so please, if you'd like to tell me how you'd improve the podcast, send me an email or schedule a call with me for that works for you here: Schedule A Call With Laura Moreno Share The Love If you know someone looking to buy their first home and you think this information would help them,  just share it with them. They will really appreciate it. Subscribe To The Podcast Apple | Google | Spotify | Stitcher | iHeart Connect On Social Media YouTube | Instagram | Facebook | Twitter | LinkedIn Do you want to start your own podcast? Then enroll in The Free Podcast Course today, which is the course that I followed to create this podcast!