FHA Loan Using BP Calculator
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?