Best loan for 10% down payment

I’ve been renting a studio apartment for 3 years now and the owner offered me to buy the place as he planned to build his retirement home. He’ll be putting the property in the market this February and I need to come up with my best offer by then. The current market shows that it won’t be profitable for a flip so I plan to buy it as my primary home and fix it up and eventually sell or have it rented out. I’ve spoken with a realtor and the property is appraised at $390k. What type of loan should I apply for? I can only put down at least 10% by forsberg830 from Alamo, Texas. Dec 10th 2021 Reply