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General Real Estate Investing
HomeForumsGeneral Real Estate InvestingFHA loan vs 5% Conventional loan for first property
Austin Haynes's profile image
Austin Haynes's profile image
Austin Haynes
Pro Member
  • Rental Property Investor
  • from New Jersey
  • Member since Nov 11, 2020
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Austin Haynes's profile image
Austin Haynes's profile image
Austin Haynes
Pro Member
  • Rental Property Investor
  • from New Jersey
  • Member since Nov 11, 2020
Connect
Austin Haynes
Pro Member
  • Rental Property Investor
  • New Jersey
13
Votes |
18
Posts
General Real Estate Investing

FHA loan vs 5% Conventional loan for first property

Austin Haynes
Pro Member
  • Rental Property Investor
  • New Jersey
Posted Oct 15 2021, 06:56

I am in the process of getting approved for my first loan. I plan on buying a 2-4 unit and house hacking it. I am unsure which loan would be cheaper/the better one to use between a FHA loan and a 5% conventional loan.

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