Looking to do 2nd house hack

[William Fulton]

Hi Everyone, 

I've never made a post on here before. New to the site. I'll get to it. 

I recently bought a single family home in the Philly area. I was able to get some grant money because of my income and get a 3% down conventional loan no PMI. I converted my basement into a living space and am renting the upstairs bedrooms. My first house hack! My questions for you all is if I wanted to buy another home in let's say a year. What would be the best way to finance my next deal. Would I be eligible for an FHA loan? I'll have saved about $50k in cash by the end of summer 2021. Any help or comments would be greatly appreciated. Thanks everyone!

-Will