looking to buy first property

[Jacob Kimbrough]

Looking at investing out of state. I currently rent in Texas and do not own a home. I am wondering if I could apply for a loan on a rental property in Alabama as a "secondary residence" or if I will be required to apply for the loan as an investment property. Are there advantages to one over the other? Does it matter that I do not own my current residence? Thanks for the help yall!