Bank financing

[Joe Miller]

I am purchasing my first rental cash. I want to improve it, then get a mortgage. I've talked to some institutions and have heard a few things.
I can get 2 or 4 properties financed at 30 yr best rates, get resold.
After that rates change based on financial strength.
One place told me they will only loan up to 80% what I pay, not improved value.

What am I likely to find as best scenario if I shop a lot. Ideally I'd like to find one place to keep my business at.
What interest rates?
What LTV? After I improve it or before?
Any suggestions or pointers?

I aim to get several properties as soon as I can. I have very little debt, good credit rating, and can afford to pay 30 year notes on 5 properties at least.

THank you.