However, stay tuned for updates in the HML/Non Conventional world in the next few weeks as the effects of the stimulus package begin to unfold. 

I’m currently trying to move from my current home (conventional mortgage) and apply for an FHA on a new property.

I was probably going to go the conventional mortgage route.

If cash-flow is so tight on the investment that it barely cash flows with conventional financing, you should probably look for a better investment

Conventional financing with 25% down How did you add value to the deal?

Rate is higher for investment property, and fees are also higher....but to me conventional loan for investment is still the best rate that I can lock in for 30 yrs...so I am ok.  

Could we even qualify for an FHA loan or would it have to be a conventional 20% down type of loan.I am still very much learning everyday so pardon me if this is a novice question but I just want to know what experienced investors would do in this case.Thanks!

Are there any other type of loans as good as a FHA or would the best bet be a conventional loan?

I have HM options For flips and conventional financing if you decide to hold.

This allows you to utilize 5% down conventional financing and save FHA for when you have a bigger wallet.