Different out-looks on loan types

[Xavier Martin]

Newbie looking to house hack.

I’m looking at all the different loan types and feeling overwhelmed by interest rates and what I’d pay over the life of the loan.

Looking for what you guys believe would be the best loan option. I’d like to be an owner occupant for the first year, then duplicate the process the next year.

ADVICE?

[Michael Henry]

@Xavier Martin I would suggest a normal 30 fixed-rate mortgage at the best interest rate you can get. Build up your saving with the money you used to spend on rent and then purchase another one.