Can you use FHA 3.5% DP multiple times??

[Gabriel L.]

Hello BP community,

I'm getting into real estate investing with the buy and hold househacking strategy and planning on going the FHA 203K route.

I know if you're a first time home buyer you can get away with 3.5% down payment when owner occupied. Looking to live there for a year, move out, rent that unit I was in and hope to rinse and repeat.

my question is, is it possible to once again use FHA with the 3.5% DP or would I have to put more down since I would already own a first home?