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/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Boston real estate investor podcast? Book a free consultation to discuss.

In many cases—not all, but many cases—real estate investors can speed up the time it takes to become financially independent by choosing to pay off the mortgages on their properties early.

Sometimes it makes sense to take every extra dollar beyond a healthy amount of reserves and aggressively pay off properties as quickly as possible. Other times, it might be better to invest money that you have earmarked to pay off properties in something else—like the stock market, for example—until you have enough to completely pay off the mortgage in one single large payment.

In this mini-comparison class, we will look at the difference between these two different approaches: paying off properties with extra cash flow or only paying in full when Nomading™ over 300 US cities.

Which one gets you to financial independence faster? Which one gives you a higher net worth? Which one is less risky?

Find out in this class.

Check out the video and interactive charts from this class here:

https://RealEstateFinancialPlanner.com/model/pay-off-early-with-cash-flow-or-in-full-only/

Or, see Boston specific, detailed analysis of a variety of strategies here:

https://RealEstateFinancialPlanner.com/model/MA/Boston/

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Boston real estate investor podcast? Book a free consultation to discuss.

Deal Alchemy™ - Residential vs Commercial Property

Deal Alchemy™ is all about manipulating the returns you're earning on your investments. Often, this is done through the choices we make when selecting the investment property and the strategies we choose to implement.

For example, you could choose to invest in residential properties where your tenants would live in the property. Alternatively, you could choose to invest in commercial properties where your tenants do not live in the property.

Often, these investments would have different numbers and characteristics, such as who pays taxes, insurance, and maintenance on the property. However, for the sake of today's mini-class, we will look at just the difference in the tax benefits of depreciation in two identical investments, except one is residential and the other is commercial, to see how that impacts your overall returns.

In this class, James discusses:

• The definition of alchemy
• What is Deal Alchemy™
• How to manipulate returns and move them between quadrants
• An example by purchasing a commercial property with 39-year depreciation schedule instead of a residential property with a 27.5-year depreciation schedule
• 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/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Boston real estate investor podcast? Book a free consultation to discuss.