You can use an FHA loan with only 3.5% down if you buy a multi-unit property (up to 4 units) and live in one of them while renting out the others.
There isn't a "one size fits all" loan. Depending on your goals, you might consider: loan to buy rental property
To know if a loan makes sense, run the numbers. Calculate your : You can use an FHA loan with only 3
Before you head to the bank, make sure you have these three things in order: loan to buy rental property
Investing in Your Future: A Guide to Loans for Rental Properties