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: / 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: / taxstrategyforinvestors
Interested in working with me? Apply here:
► learnlikeacpa.mykajabi.com/Ap...
Let's connect!
► Instagram: / learnlikeacpa
► LinkedIn: www.linkedin.com/in/learnlikeacpa
► Twitter: / learnlikeacpa
► Facebook: / learnlikeacpa
► Tiktok: / learnlikeacpa
*None of this is meant to be specific investment advice, it's for entertainment purposes only.