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Updated 11 months ago on . Most recent reply

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NA McClure
  • New to Real Estate
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How to get started?

NA McClure
  • New to Real Estate
Posted

Hello All! My dad and I are getting started and looking to buy our first investment property in TN, The Carolinas, or FL. We live in the Carolinas and are interested in townhouses or single family homes we can rent to folks that want to go to the parks and / or beaches. We've got some capital, but I've heard of investment loans that require zero % down as long as we can show that the property will be able to rent. We'd prefer to do that so we could put more into paint, furniture, appliance upgrades, etc. I spoke with a lender earlier today, and that possibility wasn't discussed. How do we get the ball rolling? Has anyone else been in a similar situation or is familiar with the loan type I'm talking about? Any advice or guidance would be appreciated.

Cheers,
Dwayne

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