FHA, 20% or keep saving

[Joe Capobianco]

There is a single family home I've been interested in down the street from my home. I have been more interested in purchasing a multi family but this single family is a good deal. Problem is when I spoke to my mentor he recommended keep saving my money until I have 20% down. "Fear" has been holding me back getting my first property and I don't want to delay it any longer. The plans I told my mentor about were 1. Buying the single family with FHA loan, live in flip for a year and sell. Use equity in 1031 exchange and have the 20% for a multi family. 2. Buy a multi family with FHA loan and try to house hack. 3. Just keep saving until I have 20% for multi family. I wanted bigger pockets opinions on what I should do to get started.