VA loan vs. FHA loan : Pros and Cons?
I'm a new investor looking for my first investment property. What I'm looking to do is purchase a 3-plex or 4-plex to live in one unit and rent out the others. Aside from seller financing, I'm looking into conventional financing.
I'm ex-military and qualify for a VA loan but when talking to a mortgage broker, he was trying to sell me on using a FHA loan instead. I'm curious to know from people who have had experience dealing with both loans and what may be the better option for an owner-occupied loan structure. If location matters due to local laws, I'm looking to live in Pennsylvania or Florida. Thanks in advance for anyone's help and insight!