FHA Loans for Duplex or MFH

[Dylan O'Connell]

Hey Everyone,

So I had been saving up for the last year and a half to save up 20% of a mortgage to hopefully find a single family home in which I was going to rent out spare rooms. Now as I am approaching that mark very rapidly I stumbled across the idea of FHA loans to buy duplexes or MFH and ending up breaking even on your living cost and eventually creating cashflow when moving out. Does anyone have any experience doing this and what kind of ratios should I look for in price to make sure that I will be covering most if not all of at least the mortgage and taxes?

Thanks can't wait to hear your responses!