First deal/ first loan

[Derek Rocco]

Hi, all. My wife and I are in the research phrase of making our first deal. The deal would be for a duplex in a college down with 3 units. Comparable comps rent for $700 a unit. The duplex is 50k My question though is how should I go about my first loan? My wife and I own a house, do we go to a bank?

[Derek Rocco]

Thanks Kevin Siedlecki

Peter Mckernan I was just reading that smaller banks are the way to go.

Thanks to both of you for the quick responses!