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Updated over 5 years ago on . Most recent reply presented by

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Ivón Espinosa
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Should I refinance my duplex to remove PMI?

Ivón Espinosa
Posted

Should I focus on refinancing my duplex to remove PMI now that rates are low or just focus on buying another investment property instead?

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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied
Originally posted by @Ivón Espinosa:

Should I focus on refinancing my duplex to remove PMI now that rates are low or just focus on buying another investment property instead?

These two items are not mutually exclusive in most cases; so do both. Call your current lender before you refi, they might be able to just remove it depending on your loan and how much equity you have.

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