House Hacking and Multifamily Rentals

[John Scully]

Hello! I'm a newbie 18 year old investor looking to learn from the best. I've started coming on here everyday to post forums and meet new people, so anyone who'd like to throw some knowledge down the ladder to the new guy would be greatly appreciated. I'm looking for information specifically on the path toward owning my first property (preferably a small multifamily). I am wondering if an FHA loan is more practical, or if another loan would be the best. I'm not sure if house-hacking would be better financially in the long run, or staying at home for free while letting a 3 or 4-plex bring in cash flow and gain equity.

Thanks!

-John

[Jevon Shaw]

You're 18 which is an awesome age to start! But do you have a full time job? That's something that FHA lenders will look at