FHA Loan - Cash flow?

[Conrad Legé]

Hello BP,

I am in the process of searching for my first multi-family property and have been working with a FHA 203k lender. We had a conversation today and to keep it long story short she stated that I shouldn't expect a property to cash flow when running the numbers for an FHA loan. She pretty much said said unless you are putting 25% down the best you can ask for is to "break even." Is this accurate?