Owner Occupied Multi-Family

[Amber McGill]

Hi everyone, 

I'm new to BiggerPockets, never done a deal; and looking to get started. I would like to find a multi-family property to buy with either a FHA Loan or a NACA Loan. I've already started the NACA process, but still in the very early stages....With the FHA Loan is it possible to have renovation costs rolled into the mortgage amount and still have a 3-3.5% down payment?? I would like to find a distressed property that I can reno to make it what I want but I have very little capital up front ($4-6k depending on if I want to take a withdraw from my 401k). I confident that I will have enough to close on a NACA mortgage, concerned about whether or not I'll be able to close on a FHA Loan with a down payment & closing costs; but certain that I won't have the capital to close on the property and fund the rehab with the loan. Any ideas, information, or places to do research will be greatly appreciated!