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First time home purchase

First time posting and reading this subreddit, so I apologize to everyone if this has been covered ad nauseam.

I am 30yrs old single/no kids and live in a high COLA in northern VA. I am looking at options to purchase my first home, and I have come across FHA loans and the conventional route. I do not have enough to cover a 20% down payment for the houses in the area for a conventional purchase. My debt-to-income ratio is under 35%. Credit score is around 756 and 100% payment history. I have been skeptical of purchasing because my income does have a fair portion that is variable, so I’d likely feel more comfortable having renters to help supplement unless things change to a dual income household in the future. My question is whether an FHA loan or even conventional loan could make sense for me? Any guidance would be greatly appreciated.

submitted by /u/Curious613
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source https://www.reddit.com/r/RealEstate/comments/1cdg1n9/first_time_home_purchase/
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