Current bank Underwriting Standards

[Bill Briscoe]

I have 2 properties right now - the home I live in and a small ranch. The ranch is paid for, and I have over $75K in equity in my home. Rental income from the ranch is $700/ YEAR. I have owned a SFH rental in the past but that was in another financial market era.

Anyway, if I were to buy a 2nd home as a rental, what bank terms could I expect? 10% down? 20% down? 30 year fixed rates same as for O/O 1st home or higher?

I make a good income, have no debt other than my first mortgage, perfect credit, etc