In this paper, we design a new blind channel estimation method for multi-input multi-output orthogonal frequency division multiplexing (MIMO-OFDM) systems to cope with possible rank deficient signal covariance matrices when symbols are drawn from low order constellations, e.g., BPSK, QPSK, etc. By collecting the signal covariance matrices from a group of carefully selected subcarriers, the proposed method could identify the channel information from a small amount of received blocks. Moreover, the proposed method also outperforms the existing competitor in terms of both estimation performance and computational complexity. The numeral results are provided to corroborate the proposed studies.