First FHA what should I know?

[Nicholas Wieczorek]

Hello, I have a question on FHA loans. Im looking to get one for my first duplex/tri or quad whichever is best deal. I have a close personal friend willing to go in on the deal with me. Is this something I can do? Do I have to tell bank when I go in and talk with them? Is there pros or cons or anything that would disqualify me from loan if someone is helping with down payment? Im looking in Wisconsin if that makes a difference?

Any other input or comments are appreciated