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Updated over 9 years ago,
Insurance with FHA
Hi everyone,
I'm trying to find my first deal, and I'm going to go with duplex or triplex, and I'm going to occupy one of the units. Going to use FHA.
My big issue right now, is finding that deal, because, I don't really know how to calculate the monthly Escrow payment that I'm going to have.
A previous property I had, I remember P&I was 650 and Escrow was 750.
Is there a way I can kinda estimate the Escrow so I can look for deals quicker? Someone had suggested an Insurance Agent, but I don't see that being very practical while searching through hundreds of properties.
Thanks everyone!