How can I avoid PMI?

Hi everyone, I need help on how to structure my mortgage on my first rental property. It’s an SFH with a selling price of $175k. The home needs between 10k to 15k rehab to get it into rental shape. I currently have $50k on hand to get things started but I am worried that my rehab budget won’t be enough since conventional loans for rental properties need 15% down at least. I want to avoid PMI as much as possible and was wondering how I can go about this. by tenovertime185 from The Lakes, Nevada. Apr 25th 2022 Reply