So I immediately sent the info to my preferred agent he disclosed some information that they owed several years of property taxes and were motivated to sell we settled for 90k I took out my first ever mortgage loan which was a conventional loan 20% down 5.6% interest rate and for 120 months payment of 768 acquired property 06/13/2020 immediately hired a contractor with a dozer to take down most of the brush.

Asking price 150k settled for 90k being that theyd soon lose property due to taxes used a conventional mortgage.

Originally financed the property with a 75% LTV conventional investment property mortgage at an amazing rate (2.875% on a 30 year fixed).

Since it's going to be my first conventional loan I did my first pre qualification as a second home 90% finance with 4% APR.

Your current property has to have a conventional loan and you would have to move into your next property if you use FHA.

Did you use conventional loan?

I was thinking I had to go the conventional route if I did need financing or Hard money loans. 

I meet all of the requirements to qualify for a conventional/fha loan except for the good steady income as I'm currently working part-time and not making very much from the job. 

If you have a conventional loan, there is no issues.  

There may even be some other products that your lender will have that is considered conventional, but certainly there will be some options for you!