203k advice for a 1st time investor

[Brandon Dubisky]

I'm looking for advice to acquire a 203k loan on my first investment property. I know I have to live in it and that is my plan, but how long do you have to live in it before you can sell?

Any recommendations for 203k experienced lender in the gulf coast area?

Also my plan is to have 30% equity in the home after renovations, does this seem feasible if bought at the right price?

The house I'm looking at is bank owned. Does that matter? Thanks!