FHA Loan vs Traditional Mortgage

[Raquel Zanoni]

Hi BP Folks,

I am new to real estate investing and looking for some advice on financing options. Currently, I know the type of investment property (multi family) I am seeking, strategy (buy and hold - potentially BRRR) I will employ, and my price range. With that in mind, I think I could qualify for an FHA loan with 3.5% down but I could also go the more traditional loan route with 10-20% down. My question is, is this a no brainer and I should go with the FHA loan? If not, what questions should I be asking myself to decide what makes the most sense for me?

Thanks in advance!

Raquel