Everything I need to know about financing

[Joshua Engemann]

Tell me everything I need to know about financing my first turnkey property. I mean everything, even any terminology that I might not know. To narrow it down I plan to spend 80-110k on a turkey property and hold it long term, and have a property manager. Is 20% always the requirement for down payment? I'm in the Kansas City area if there is anyone in that area that offers financing. If you think I need to know it about financing tell me here! Thank you

[Dan Krupa]

@Joshua Engemann, do your research. There is a ton of information already on BP. Simply use the "Search BiggerPockets" at the top of the screen. Why rely on other people to tell you what they think is important or correct - when you could figure it out yourself? No one is a better advocate for you than you.  Plus, if you don't understand the basics how can you evaluate a TK deal or know if your PM is acting accordingly?