10-05-2005, 12:39 AM
| | FHA Loans with No Money Down
As a first time home-buyer you can get FHA loans
. You can use an FHA loan to buy a property so long as it is 4 units or less. FHA loans let you get into your first building with no money down (a very good thing for your first building!!!). I would suggest you consider FHA even if you have the money for a conventional loan. Reason? Becuase you will need to save cash for mortgage payments, repairs, etc. that come up while you get your feet on the ground.
Read the full report here: FHA Loans with No Money Down