Should I purchase an investment property first?

3 Replies

I have an opportunity to purchase a 3bed 2 bath home for $35k and needs about $15k-$20k in repairs. The ARV is $100k. I have held out on purchasing my own home since I've gotten into real estate. Should I use my first time buyer\FHA option to purchase this investment property? I only have about 8k for a down payment but have excellent credit. Any advice? Thanks!