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Updated over 6 years ago on . Most recent reply

User Stats

51
Posts
19
Votes
Stipe Ba
  • Rental Property Investor
  • Cleveland, OH
19
Votes |
51
Posts

Avoid PMI vs keep cash on hand

Stipe Ba
  • Rental Property Investor
  • Cleveland, OH
Posted

Do you think it's better to put the 20% down and avoid PMI vs to put the 5% and keep the leftover in the bank for another investment ???

Most Popular Reply

User Stats

585
Posts
434
Votes
Eric Veronica
  • Lender
  • Cleveland, OH
434
Votes |
585
Posts
Eric Veronica
  • Lender
  • Cleveland, OH
Replied

@Stipe Ba cash is king and PMI is really cheap these days as long as you have good credit. My vote is to keep a strong liquidity base.

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