NEWBIE question?. Loan for a house to turn into rental?

[Joshua Horn]

I was wondering if anyone can tell me a simplified process of how this works? I have excellent credit with money saved up and someone mentioned about buying a house and so forth but we didn't get into it much but after doing a little research and realized idk what or where to begin, can someone tell me is this person correct in any sense? Or can someone tell me what the process is and what kind of options I have? He mentioned a loan about putting 3% down if that help? Thanks in advance!