FHA (3.5%) vs Conventional (20%)

[Rickey Mayes]

Hey guys I am new to BP I just have a question about current interest rates right now and what is the best way to put a down payment on a rental? As interest rates keep increasing is it best to put a down payment of 20% instead of a FHA loan? Is it better to down a larger down payment so that the principal/interest payments are not so high or will the FHA loan do just as well. Is it a case by case house by house scenario?

I was questioning about this from a podcast “PASSIVE REAL ESTATE INVESTING: episode 440” talking about mortgage rates how they don’t matter because eventually long term success rate will cure all.