FHA vs. Conventional Loan: Which is better?

[Shane Bishop]

Hello everyone,

My wife and I are just starting out on our real estate investment journey and on the Bigger Pockets podcast, it seems that they highly recommend using a FHA loan when starting out and purchasing a multifamily property. However, when doing comparisons, it seems that a conventional loan could save you money in the long run. Wanted to ask the community on what the pros and cons are of each and why it may be smarter to go with one strategy versus the other!

Thanks!

Shane