Fannie May renovation vs FHA 203k

[Breelon Bryant]

Here is the situation: I have a 650+ credit score, 10k saved in bank, looking to buy either a duplex for 100k or another duplex for 150k. I will be buying my first home ever as a primary residence along with “house hacking”. Of course i will do some small renovations if i can close on one of these duplex but nothing major like a roof or foundation. My question is which loan would be the smarter choice? Fannie may or 203k?