At your age as Bruce mentioned I won't recommend a condo for the things he highlighted.FHA most likely won't approve them, but there are loan programs that works similarly than FHA that will.

I would be happy to help you explore first-time buyer programs and financing options to make your purchase smoother and set you up for your future rental plans.

Or, there are OHFA (Ohio Housing Finance Agency) DPA programs that might also be able to help.

There are 30 year fixed options and there are generally programs for 1-4 units and 5-8 units. 

And there are lots of conventional loan programs where you can put down <20%If it were me, and I was committed to purchasing, I would try and land an off market property needing a bunch of work and force appreciation that way.

Hey Alex, There are foreign national DSCR loan programs available for your scenario: Below are the list of requirements I have found most lenders have : 1.

Your interest rate, on a fixed rate loan, should remain unchanged and your mortgage should not be called due.However you should still confirm that this is the case with your lender (and read your mortgage commitment) out of an abundance of caution and because some loans and programs do require a longer seasoning period.

If you can clearly define your buy box and be up front with any program you go with, then you should be ready to go!

And then, with every new program manager we get it seems there is a new idea about what color scheme will be better to keep the clients calm so we repaint them walls at least with each New management change that occurs.

Best bet is to try local and credit unions, possibly may have some programs for better rates.