Nick Riccio - Mortgage Advisor

It’s true…

A lot of people missed out on great buying opportunities because they were concerned about the mortgage insurance.

The opportunity cost of waiting vs. buying with mortgage insurance is MASSIVE.

Don’t make decisions based off the news/friends/family, make decisions based on numbers.

Rent minus mortgage payment is not cashflow!

Rental properties have expenses. Lots of them. Always be sure to include the proper expenses when analyzing a deal.

Otherwise? A property that you think will cash flow, will be nothing but a liability!

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