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Updated over 9 years ago,
Hello everyone
Hi,
My mother's elderly landord has decided to sell the 3 unit property that she lives in. I had the crazy idea that I might want to buy it and I came across this site while trying to learn anything I could about purchasing the house. I arrived here with no knowledge on real estate investing and I am rather overwhelmed by all there is to learn.
I have excellent credit, but I have no idea if I will qualify for a mortgage on an investment property. I also have a friend who will potentially lend me money for a down payment.
I hope to learn as much as possible in a relatively short time before this opportunity passes me by. It is a little frightening to even consider taking a step such as this, but that is why I am here to learn.
Thanks!