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Updated over 4 years ago,

User Stats

4
Posts
2
Votes
Femi Chebaís
2
Votes |
4
Posts

FHA Loan Using BP Calculator

Femi Chebaís
Posted

Hey BP Family, Couple questions that I can appreciate any advice on. 

So I'm currently in the deal analysis phase of my investing career, and as a first time homeowner/beginner investor, I thought it'd be best for me to start off using an FHA loan in a multi-family home to begin my investing career. When using the BP calculator for deal analysis, how can I get an accurate estimate of my expenses per month, If I plan to use an FHA loan? Is there a general rule of thumb that I can use for the following?

1. property taxes,

2. Insurance

3. Repairs & Maintenance

4. Vacancy

5. Capex

6. Management

It is to my knowledge that with an FHA, the taxes and Insurance (PMI) come included in one price, how would I account for that while using the BP calculator?

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