First Time Investor

[Henry Peñate]

Hello BP ,

My wife and I are pursuing investing in real estate in our local Houston market and we want to commit to owning single and small multi family properties rentals. We have analyzed properties and created a spreadsheet to calculate potential ROI, we are pre qualified with our bank and have a application on hold due to being 90 days after they pull your credit for the loan we would have to be putting offers. What types of loan are recommended for an investor buying and holding to rent? Should we apply for loans through direct lenders or brokers instead of our bank ?
We are eager to learn the best strategies to turn real estate properties into passive income so being that we are full time employees we hope to hear how successful investors made great deals , what mistakes can be avoided as first timers and how you can truly invest yourself into a life of financial freedom.