or a conventional/DSCR type 30 year fixed?

conventional so no assumable for me then.Quote from @Jay Hurst: Quote from @Christian Latimer: Conroe, TXMy friend is moving.

@Kala SamuelTo start investing in real estate, define your goals and strategy, choose a market with job growth, population growth, and rental demand, finance your first deal with FHA Loan, conventional Loan, or Hard Money Loans, find the right property, build a support team, make offers, inspect the property thoroughly, and manage wisely.

I think you have about 90 days to move into the property for an owner-occupied loan but I am not sure if that differs between FHA vs. conventional - @Zack Karp or @Jose Valdovinos could confirm that...Either way, I'd follow the advice of others above...give the seller two or even three separate offers that work for you. 

If you can qualify for conventional financing, a HomeStyle Renovation loan by Fannie Mae will let you do property improvements and not need to do a refinance once completed! 

Here's a quick breakdown of why they might be a good fit for you:No Personal Income Requirements (No DTI): Unlike conventional loans, DSCR loans don’t rely on your personal debt-to-income (DTI) ratio.

Leveraging an owner occupied loan, putting as little as 5% down with a conventional mortgage (I have lenders that will offer NO pmi as well) and buying a multi family will fast track your REI journey. 

As a beginner, before learning about all different types of lenders, I purchased my first investment property under a conventional investment mortgage in my own name. 

Good evening,I purchased a townhome in Houston, Texas in August 2020, locked in at a 3% rate with a low 5% down payment on a conventional loan for $284k. 

For the other properties, consider conventional loans with 10%-15% down to conserve capital.2.