Updated over 10 years ago on . Most recent reply
FHA/Conventional loans for live in properties.
I am coming out of college with the intent to go straight into investing in real estate and my question is regarding the financing for the first property. Coming out of college I will have savings for 5-10% but 20 is out of range. I have looked at FHA loans but have also heard some investors on this site using a 5% down conventional loan for live in properties and multi-units. If I have a steady job and plan on living in the property for a year or more what are my chances? Advice? experience?