Need help! Mulitfamily owner occupied loan

[David Maldonado]

Hey everyone!

I am planning on buying a multifamily property in Fresno Ca (triplex or quadplex). I haven't decided whether to use my remaining VA loan entitlement or go owner occupied conventional (Navy Fed offers a good rate with 5% down and no pmi). With the VA loan I can put 0% down but it will be tougher to get a good deal with it due to their strict move ready in standards or with the conventional Ioan I can put 5% down, get a higher loan amount and have more leeway when it comes to move in ready standards (from what I heard). I believe I would have about 230k of entitlement left for Fresno county. Also for move in ready conditons: If I find a fixer upper quadplex that needs work, do all the units have to be move in ready? Or can I find a property with at least 1 unit that is move in ready and rehab the rest?