Multifamily house hacking?
Hello,
I am a newbie to Bigger Pockets and real estate investing as a whole. I have a goal of buying a duplex or triplex and living in one of the units. I have very little money to put down, so I was thinking of getting an FHA loan. What are the major drawbacks to an FHA? Also would I be able to get enough cash flow while living in my invest property to cover expenses, or does that vary from case to case?
Also I could have a true break even in this scenario I would see that as a good first investment, is that true?
Thank you all for taking the time to read this, I always appreciate everyone’s comments and posts!