Two best ways to avoid private mortgage insurance! ✅ 1. Make a downpayment over 20% of the home’s purchase price. 2. Request PMI cancellation with your lender once you have built over 20% of the equity in your home! Why you should avoid PMI!👇 - Significant extra monthly expense to your mortgage payment - Compromise your borrowing power - Non-tax deductible Want to learn more real estate tips and tricks? Follow me here on Instagram! 😎 #RealEstateWisdom #HomeBuyingHacks #PropertyProTips #RealtyInsights #SmartInvestingGuide