If a DSCR is less that 20% do they charge PMI? Is PMI even a thing with these types of loans.

Hello, I have been picking Joseph’s brain for the past 2 weeks and I’ve learned so much about the MI market. If anyone needs a real estate agent in the area, I’d love to help.

Hello, I’m new to this community. I come from a family of real estate investors but they were able to go big because of their income. I love real estate investing but hoping to build a portfolio and maybe down the road get into bigger investments. We have to start somewhere. I have a background in investment management and recently got my real estate license in MI. These section 8 rental homes are for the future and my jobs now are for the present.

Im in the mood to see some of your deals folks. Comment the details below! Here's mine: Birmingham AL $55k BRRRR Mostly a skeelton of a home $35k rehab ARV around $100k. Will hopefully exit the deal and refi leaving behind maybe 5-10k of my own money!