Newbie in California...Opportunity to buy parents home

[Felicia Livingston]

Hello BP community,

I am extremely new to the real estate investing world, however am reading the BP forums and listening to the amazing podcasts.

I am curious if anyone can guide me inthe right direction. I have an opportunity to buy, my first real estate property, my parents single family home in Texas. They have paid off their mortgage and have bought a 2nd home. 

My plan is to buy the home and rent it. However, I have no idea what the first step is to buy their home? 

Do I get a mortgage? 

Any advice is welcomed.

Thank you