How to buy 2nd investment property?

[William Jernigan]

Hey everyone,  I'm pretty new to investing in real estate and would like some tips or ideas on how to buy another house?  I currently have my personal house with fha loan and my rental home with fha loan as well.  Between the two of them I only owe about 120,000.  I've found a home listed on homepath and I know this house and area and it would be a great rental.  Problem is I don't have much cash saved right now. Its listed at 40,000. What options do I have to get a loan?