Conventional or FHA loan for house hack?

[Rafael Perez]

I'm not quite sure how the process goes for applying for an FHA loan but I am familiar with the terms. But I also know a conventional loan with a bank can be another route to take for my first primary residence home. I have been making 10-99 income for about 2 months now and I have the money for a down payment as well as construction costs (if I decide not to go with a turnkey) but I know I need 2 years of 10-99 income to qualify for any loans. What route should I take?

Is there a way I can get a conventional loan if I show them proof of funds even though I don't have the required 2 years of 10-99 income? Or should I stick to an FHA loan.

I know this is a really choppy post with multiple questions so I would greatly appreciate any advice. Thanks in advance!