First Time Property Loan

[Nathaniel MacHugh]

Hi, I'm Nate. I'm 19.

I have been actively reading and learning about real estate and investing with a greater appetite each day. 

Through my research I am very excited about the first time home buyers loan. Using a FHA loan or a 203k, I can invest up to a four-plex, since more than four is considered commercial property. My question is, what, in the experience of you more sophisticated investors is the best strategy for my first investment? If I start a legal entity to buy my first home can I still use the loans or are there legalities that prohibit that? I am definitely looking to invest for cash flow and buy-and-hold properties.

Any insights would be greatly appreciated and valued very highly!

Thank you for your time:)

Nathaniel