Borrow from family member or FHA Loan?

[Samantha P.]

I am currently in the process of looking for my first multi-unit building to purchase and rent out. My brother has offered to loan me the money to purchase a building with cash and I could just pay him back the exact amount instead of having to wait 4-6 months to close and pay interest on a mortgage. This is great except for the fact that if I take out an FHA loan, he could have his money to invest himself and take care of his family while I invest the money I am loaned from the bank and let my tenants pay the mortgage. I'm not sure if i'm making sense at all so let me know if what i'm asking make sense or not. Which is the wiser choice when it comes to investing? Borrowing from a family member or taking out an FHA loan?