Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
FHA loan vs Conventional loan
I am very naive when it comes to taking advice. I am just starting out in real estate still learning l, haven't bought any properties and I'm not ready to yet. BUT what I was planning on doing was getting an FHA loan and house hacking within 2 years. However, I just read on Instagram from this real estate investor that he recommends putting no less than 20% down on any property and does not recommend an FHA because of PMI and if the market goes down it will be hard to get cash flow so now I am having second thoughts on an FHA. Could some experienced people please give me some advice?