FHA on a multi-family or conventional loan on a single family

[Shahrouz S.]

Hi All,

This is going to be my first deal. And, I would rather not put too much for the down payment due to my lack of experience. I live in San Diego North County and in my area, a single family starts at 350K and a multi-family starts at ~750K. I do not want to put more than 30K for down payment. So, do you think it is better to invest in a multi-family with FHA 3.5 percent or getting a conventional load with 20 percent down on a single family? Which one is better from the investing standpoint?

Thanks,