We are using conventional financing, and we are taking the mortgage on only one person's name.

Conventional loan with 20% down.

I'd likely purchase initially through FHA or a conventional loan due to lack of capital for down payment on an investment property loan.

Conventional 20% down as I had a good w2.

I am not opposed to FHA loans, it's just I know some sellers tend not to want to accept FHA contracts as readily as conventional in this current market.

@Isoke CraigBeside purchase price, there are other factors that make for a strong offer: Type of financing - convention or cash are better for a seller than FHA and VAEarnest Money - consider higher than 1% of purchase priceOption fee- higher the better - more incentive for the seller if you back outShort option period - I win offers with 3-5 days to inspectPurchase the title policyThe list goes on. 

We just refinanced with a conventional loan for 188K over 30 years.

I need to find financing for them and I don't want to use my conventional slots.

Our circumstance is similar.Theresa Harris, question for you:      On our first rental, we're sitting on @ $130K cash/equity after refinancing in October this year to capture a 2.89% on a 30 year conventional--and we took out cash up to 70% LTV. 

I’m torn between fha financing with 3.5% down, or 20% down conventional.