Higher interest rate or Putting money down

[Sarah Hoffer]

I am a first time homebuyer, and I want to do a house hack in Goodyear, Arizona with a long term plan of renting. Is it smarter for me to put 5% down and get a good rate or put no money down and pay a higher interest rate on a 30 year loan? Should I be seeking out first time homebuyers programs even though I have good credit and the money to put down on a property?