Out of state lending (first project... #s look great!)

[Samuel D White]

So, I’m 28 now and have been twiddling my thumbs for way too long and now I’m looking to start acquiring properties and build out my real estate empire.

My first project is pretty low budget, but the numbers look really good. I am located in California, but am able to acquire two homes for 50k in the Midwest. One with a renter, one without so far. I could afford to pay even if there were no renters in both.

I don’t have all of the cash, but know I want to make these happen.

What kind of lender should I go with here? What percentages should I be shooting for? I’m listening for guidance, but also ready to jump in. Looking forward to the input!