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Updated over 7 years ago on . Most recent reply

User Stats

37
Posts
1
Votes
Michael Peralta
  • New York City, NY
1
Votes |
37
Posts

2% Rule Situational?

Michael Peralta
  • New York City, NY
Posted

Hi BP,

I am aware of the 2% Rule when it comes to Real Estate investing. However, does this rule apply if you are not putting 20% down? Reason being, PMI payments could shift your numbers.

Should the 2% rule change to a the 1% rule if you have PMI payments?

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