New investor - want to invest in Orlando!

[Heidi Cousineau]

Hi All!

I am working on buying my first investment property, and want to focus on the Orlando market. 
I just bought a primary home, and live out of state.

Any tips for how to best go about funding an out of state investment with little down? I dont have access to private money loans, and want to hire a property manager to run the rental remote.

Thank you!

[Raymond J. Rodrigues]

Hi @Heidi Cousineau, you may qualify to buy the property as a second home with 10% down. This requires that you occupy the property for some portion of the year. Conventional loan guidelines does not specify how many days out of the year you must reside in the property. 

If you’re looking for an excellent realtor in the Orlando area, I recommend reaching out to @Judson Osbon. He is great at what he does and is also an investor as well. I hope this recommendation helps you or anyone else on these forums!