Need Advise on quick turn around

[Stephen Mcnulty Jr]

First ever question so thank you in advance.
CT resident looking to purchase an investment property around February 2023 . I want to use a 203k loan . Looking for property’s well under market value. 3-2-1 families all fall into this category for me. What should I look out for with this type loan and how fast can I purchase another property once I commit to this type loan. Are there other loans more suited for this type turn around with out a 20% DP

Thanks again 

[Kyle Jeppesen]

I believe the 203k loan is a FHA product. You can purchase another property right away but, not with a FHA loan product. You also have to intend to live in the property for one year if you choose FHA loan financing. So, conventional financing will be tricky if you purchase another property under one year. Good luck.