Advice For Newbie On Cash flow properties

[David Monarrez]

Hey guys,

First a little about myself im 25 residing in the northwest side of chicago with a fulltime job good credit, I have about 10k in savings. I have really gotten motivated into buying investment properties that can create cash flow for me, im not really looking to buy and flip but rather buying and renting out for long term purposes, What kind of mortgage do i apply for since this will not be a primary residence for me? Do i need a huge down payment at this time in the mortgage lending scene?I dont own any property and im completely clueless as to where to even start looking for this information. Also i have tried looking for foreclosure listings and short sale listings to kind of get an idea on market values but all the websites that show up are pay sites is this normal for these listings? I have already started to read up on landlord laws in Illinois and tenant rights. What would you guys recommend me to start with first as i have read through several post's on this website but kind of get discouraged at all of the "science" behind real estate investing.Thank you guys for your help and great information found on this webpage.