Saving money for a down payment

[Marcus Gomes]

Hi guys. I’m 22 years old and I am saving to buy my first property and house hack. I am a fulltime Amazon Delivery driver and my income is around $3.1k a month. I know it’s not much, but is there a possibility a lender still work with me? If no, then what’s the income they would like me to have? Also, if I save for a down payment of 10k on a property, how much more should I save for reserves, like if I can’t find tenants for 3 or more months and/or I have to fix something on the property first? I appreciate any advice, I am very new to real estate. 

[Michael Smythe]

@Marcus Gomes you only need 3.5% of purchase price for an FHA loan.

You can buy a 1-4 family property with that, more units the better.

You can use an FHA 203(k) to include repairs in the purchase mortgage.

Either buy a SFR and rent out rooms, or buy a 2-4 and rent out the other units.

Both will require you to learn how to be a landlord.