A conventional loan works better for me. 

@Jaylyn Heartso check with your lender about 3% down conventional as well.

You can get a better rate the 15%, get a conventional loan for 10% if you can, for a rental, rent for 2 years and then sell into a 1031 exchange. and keep moving up. next thing you know you own 5 houses. and making bank.

I have good capital and can qualify for conventional financing, I don't need a ton of cash flow, but I do want to net maybe $200 or so and build up my portfolio to eventually bring in 1k-2k in supplemental income and then retire on these properties.Anyone that is willing to share advice with me on the following:1- What are some current hot markets that give you the best bang for your buck?

He then bought double digit number of houses with cash in a cheaper county. 

Even duplexes in B areas here are selling for 400k or higher.If I'm looking to rely on conventional bank loans, banks in Cayman consider any properties in excess of 2 units (triplex or higher) to be 'commercial' for the purposes of lending.

With a refi and conventional financing your interest rate will be higher for sure.

If you give some more details, I (and many others on BP, I'm sure) would be happy to do some analysis for you.As far as appreciation goes; conventional wisdom on BP tells you to ignore it and just consider it icing on the cake, but I mildly disagree.

@Jared Maltbie we used conventional lending.

The seller has a conventional mortgage and may not be able to go lower hence why I need an experienced opinion.