What Questions Should I Ask When Applying for a Mortgage

[Kevin Mahoney]

Title says it all. Background - I am looking to invest in an investment property out of state currently (old city I grew up in). It is a multi-family unit I would put 20% - 25%. Priced at 160K. May be able to get it lowered to 140K. Already tenant occupied. This would be my first mortgage ever. I would love advice about what loans to use and what question to ask!