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Updated over 3 years ago on . Most recent reply
Factoring PMI in COC-ROI
I'm looking to buy a 4-unit property through a FHA 30yr Loan at 3.5% down. I plan to live in 1 unit and rent the remaining 3. My question is if I should factor in PMI when running my COC-ROI numbers through the Bigger Pockets Property Calculator? I plan on doing some remodeling and hopefully am able to build up my equity to 20% within 1-2 years.