Mortgage options

[Jesse Lawrence]

I am looking to buy my first real investment property. It is for 125k with estimated 25k in rehab to make the basement into an apartment. I will live on the main floor. Rental of basement will be around 800-1000. My question is: What is the best type of mortgage? FHA 3.5% down? 5% down? Conventional? 20% down to avoid PMI? I have enough cash to put 20% but I might want cash for future properties also. Thanks so much. Jesse Lawrence