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Updated over 7 years ago,
First time home buyer
hello, so I currently live in an apartment and looking to buy my first home which will be a multi family, I've heard the horrible stories. But a little struggle never hurt anyone. So, I've been reading on first time homebuyers programs and basically it says that it has to be owner occupied for the lifetime of the loan. That is not my plan. I want to stay in it for at least 3 years. In those 3 years my goal is to get 2 more multi families 2+ units. Then of course move into a single family. My question is, what is the best financing? FHA or a standard loan? And anything else you could tell me would help. Thanks