Refinance advice for 2nd purchase

[Mark Stone]

Hey everyone, 

I have a few questions and was hoping I could get some insight from those with more experience then myself. Thanks in advance for any help you can provide.

I currently own a triplex that was purchased in August of 2015 as an owner-occupied, with an FHA mortgage originally with 3.5% down. I have since remodeled 2 of the 3 units and am not entirely sure it's current value (estimated about ~$300k), however I am looking to purchase a new property roughly 25 miles away in Tampa for $300k and am trying to determine the best financing route to go.

I was thinking about refinancing the triplex to get rid of my PMI and get a fixed rate (currently have a 5/1 ARM bc knew I planned to remodel and refinance quickly, but hindsight wouldn't do that again). And then doing the new property as an owner-occupied. I would still want to put minimum down but not sure if I would necessarily need to do FHA as I have pretty solid credit (was unaware of non-FHA loans with less than <20% down when purchased first property).

Other options might be to explore a second FHA mortgage if I can meet their requirement of relocating for work, which from my understanding is done on a case by case basis, however not sure this would be a good idea because would have my PMI on old property still unnecessarily and still have the 5/1 with rising rates.

If I were to get a new loan as an owner-occupied who I be required to refinance the triplex anyways bc I would no longer be living there, or would it simply be harder to obtain a 2nd owner-occupied loan when I would be moving to a similar sized unit.

And last thing I could use some advice is on a program by Regions for medical professionals where you can put down as little as 3% if you meet their requirements of being a medical professional in your first 7 years out of school, has anyone heard about this program or similar ones? 

Thanks for any help you can provide!