3.5% Down FHA Loan - Looking to purchase 3 or 4 Family

[Brandon Madden]

Hello everyone,

I recently graduated from college and immediately started working my full-time job at a big 4 accounting firm in NYC. Real estate has always been a passion of mine and so I've started saving up for my first property. I plan to use the 3.5% down FHA loan strategy to purchase ideally a 3 or 4 family. The question I pose is: Is this a good strategy for my first investment and what are some of the pros and cons in doing so? If anyone has personal experience using this method, please reach out, I would love to talk more!