anylazing rental cash flow newbie

[Stephen Benson]

I have been practicing anylazing multifamily residential property in Austin TX, I would plan to use a 3.5% down payment, which I noticed brings "mortgage insurance " as another expense, does anybody have experience with this,? it seems that mortgage insurance can make a big difference if the deals will positively cash flow.

[Jordan Moorhead]

@Stephen Benson Mortgage Insurance is a thing with any down payment under 20% and has a cost. I think my place in East Austin is $145 you'd want to check with your loan officer to get exact numbers. My purchase price was $250,000.