Buying a Owner/Occupied 3 Family

[Chris Daliani]

Hello All,

I am currently starting my real estate investment career. I am in attorney review for a $370k 3 family building. I will be owner occupying the building for a certain amount of time. In the contract it states I will be paying 20% down which I originally planned to do and am 100% capable of doing still...My question is....Should I attempt to change this to an FHA that way I am less out of pocket for future expenses. Another words if I can put 20% down should I? Or save up front money by going FHA?

Thanks