New investor - F.H.A. loans and downpayments

[Eric Anderson]

Hello,

Is is worth it to buy and hold if I don't have money for a down payment and can manage to get a 0 down duplex or triplex and the deal is right? Is it even possible to get those types of homes 0 down?

If not, what is a good time to buy in? Is it worth the wait for a couple years to save for a 20% down payment to obtain a conventional loan?

I am very ambitious to jump into the industry and my rental lease is up in 2 months. Should I buy a single family for myself while I save so I can rent it out later or renew a lease and save more capital?

Thank you in advance

[Thai Foo]

@Eric Anderson getting a 3.5% down FHA loan along with a 2/3/4 plex is a great idea. The tenants will help pay part of your mortgage or hopefully all of it and some.

All big banks no longer have programs where you can get a loan with 0% down, at least with conventional loans.