Finding Deals, Getting them Under contract and using FHA secured loan?

[Gabe Benitez]

First time poster here on BP. I've gleaned an incredible amount of info but I don't think I've ever seen this answered.

If I found a deal, in much the same way any other investor would, lets say I could pick up a SF home for 55k, and it's worth 100k, and it needed say 15k worth of repair, so I hit the target for a house that's going to be worth investing in,

Would I be able to purchase that home with an FHA secured loan? Assuming I have a pre approval. Just curious, financing seems to be my biggest hurdle for getting started in real estate.

Any feedback appreciated thank you!