Sadly, FHA has a 2 year work history requirement, as does Conventional and USDA financing. 

Most if not all of these properties require SIGNIFICANT cap ex rehabs and conventional financing won't touch them; you'd likely need to go the hard money route at 10-12%, 2 points, 12-18mon turn around.

Loan Programs: Conventional loans (>$7.5M), small balance loans (<$7.5M), lease up / near-stabilization loans, 2ndlien supplemental loans, student housing, seniors housing, MHC, green financing, etc.2.

Since you'll be owner-occupying, take advantage of low down payment loans like FHA (3.5%), Conventional (5%), VA (0%), or a 203k loan for renovations.

I’ve currently used a local bank to fund my last three projects, but it can be a bit slow and we all know conventional lending has its drawbacks.

So i put in an offer for 10% down conventional loan, $530,000 with 10k back to me for closing costs and it was accepted right away.

9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.

Conventional (only Freddie Mac See Section 5102.4 of Freddie Selling guide).

You can use FHA with 3.5% down or Conventional with 5% down for a property liek this. 

I still have plenty time left saving but when the time comes I’ll either be looking into conventional  loans, or some type of remodel loan to pay for the repairs of the property I am looking to fix up, because as far as I’ve seen so far it’s hard to find a good deal starting out unless you buy it as discounted as possible and put some sweat equity into it, let me know your thoughts on that ur possible.