Hey everyone, ill just get straight to the point.

My main question is in respect to financing my first property. I have a credit score around 710 and was thinking about getting an FHA loan and putting 10k down for a 200k loan on a multifamily home. I would like to house hack but, i feel like i don't have enough saved up.

Does it seem like I could be in a good spot to move forward and start talking to lenders and realtors? Admittedly i am cheap and have avoided doing so but, im starting to think it's just my nerves.

Time to find a Lender @Samuel Nigbur and calm your nerves with facts. A lender can tell you if you qualify and for how much. Then see if there is an investment property that could be found for this amount of money and makes sense. House hacking may be the start - having roommates. Yet someday you will no longer be there and the monthly rental income must be enough to cover the mortgage payment, the insurance and property tax (yearly expense divided by 12), plus a little left over for repairs and maintenance.  A good book is 'Duplexes, Triplexes, and Quads', which shows by example.

I don't see any harm in talking to lenders. That is the only way to know whether you qualify. The main thing is you want to make sure the property makes sense to purchase. Househacking can reduce your monthly mortgage, but the other thing to think about is if the property cash flows renting out without you in it. Start looking on the MLS at properties and see what is available and start running some numbers. That should alleviate some of your concerns.

Don't do what I did and buy based on guessing.  That's how I lost my first house to foreclosure.

@Kathy Henley & @Brent Paul

Thank you for your advice I will definitely be talking to someone soon and also get some experience running the numbers for properties!