Mortgage Insurance in Property Analysis

[Jack Perfett]

Hello BP Community!

Two questions both pertaining to Mortgage Insurance. This is assuming I will be house hacking a multi family using a FHA (3.5% down)

1. When analyzing a property do you include the mortgage insurance? (Even though you can refinance to a conventional once at 20% equity)

2. How long will it take to build up to 20% equity?

Thanks in advance!!

-Jack Perfett