Buying a second property

[Brandon Ribeiro]

I am looking to buy my second property, this one would actually be for myself to live in and i would be renting my current home. A few things to consider:

- My current home is financed through FHA

- The new property is around 300K

- I do not have much saved up (about 5k) due to using it to do work on my current house

- The new property is in USDA territory, but i was told i would not qualify for that

- I do not have any debt

- my current income is 80k 

I found a house I would love to buy, however considering the above, what are your suggestions? what can I do to get into this new property. My goal is to purchase this house for myself and S/O and ideally keep my current house as a rental, and continue to purchase more rentals.