Seeking advice as a new investor

[Priti Gupta]

Hi BP community,

I am brand new to real estate. Trying to buy my first primary residence this year to do house hack or live in flip.

Already in talks with a lender. But wanted to check if anyone has any advice on a few things

1) How to choose a lender? Is it purely based on what rates they provide or is investor friendly?

2) If lenders are ready to do a soft inquiry on credit, can/should you get pre-approved with multiple lenders?

3) Is low down payment conventional loan preferable over FHA? (I technically have about 20% down saved up but don't want to use the entire sum on this one property)

Appreciate this community and the willingness to help rookies like me.