Any Restrictions or Limitations using FHA then VA for First REIs?

[Eric Robinson]

Hi Everyone,

As a new real estate investor, I am planning to use an FHA loan for my first MF property as an owner occupant. Then, a year or two later do it again with a VA loan. I know they can both be used to buy 1-4 unit properties. However, I'm worried there might be restrictions I'm not aware of or special rules regarding the use of them. I'm not getting much help from loan officers - even ones that have been in the business for 30+ years seem to know very little about doing this. So I'm hoping to get some expert advice from the real professionals on BP.