First Time Financing Help!

[Nicholas Krieg]

I really could use some helpful insight on my situation to move forward on my first deal. Here is my situation.

-Have yet to buy my first personal hone

-found an 2-unit investment property I’d like to buy

-trying to get the lowest down payment possible with best interest rate on approx. 100,000

Here’s my questions ~

Can I do a Conventional home loan with 5% down and somehow get away with no living in the property?

Would a FHA or conventional be better?

If I would do a conventional or FHA, would I have a time limit on being able to have another loan out in the future for a personal home?