How to go about loans when first purchasing?

[Nikelyia Waters]

I've been researching and researching before actually purchasing my first property, I know little about financing but ultimately looking for advice on what loans to look for and a financial smart way to go about it? 

[Nadeem Alamgir]

If you're planning to live in the property, FHA 3.5% down let you get in with less money down and you can still house hack if it's a duplex, triplex, or quad.

If you're buying as an investment (not living there), most lenders will want 20–25% down on a conventional or DSCR investment loan. That's why a lot of newer investors start with a house hack to lower your living expenses, build equity, and can transition it into a rental later.