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Updated 10 months ago,
How to get started?
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