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Eric Stugart
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FHA loan vs Conventional loan

Eric Stugart
Posted

I am very naive when it comes to taking advice. I am just starting out in real estate still learning l, haven't bought any properties and I'm not ready to yet. BUT what I was planning on doing was getting an FHA loan and house hacking within 2 years. However, I just read on Instagram from this real estate investor that he recommends putting no less than 20% down on any property and does not recommend an FHA because of PMI and if the market goes down it will be hard to get cash flow so now I am having second thoughts on an FHA. Could some experienced people please give me some advice?

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