Just getting started in REI, and wondering about financing.
I’m self-employed (6 yrs), gross about 65K/year, but everytime I approach a mortgage guy, they almost insist I put down 20%.
I understand about PMI, but what’s the best way to minimize the % of money down? (I do have some equity in 2 properties I own, but want to stretch it out as much as possible).
P.S. Credit is in the 725-750 range, so no worries there