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Updated over 2 years ago,
FHA loan, down payment, cashflow
Hi BP!
I had a quick question.... If you use and FHA loan for 3.5% down on a small multifamily property can it still cashflow (or at least pay mortgage) if I live in one of the units? Or will I have to put at least 20% down to house hack it? If so, what are the best cities to start out in if this is my first investment and not a ton of capital? Let me know, thank you!!