Should I buy my first residence or rental property?

[Mark Ronquillo]

Hello everyone, I’m looking to purchase my first rental property. I’m greener than the grass on the other side at this point, but I am eager to learn the real estate business. I came across a great deal (at least that I know of) from a gentleman that is willing to help me out on selling me two properties. In the market I am in rentals are very sought after. What lenders should I look at when just starting out? What do I look for in a lender? Any help would be GREATLY appreciated! 

[Michael Jones]

Mark, I would look to do a duplex, triplex, or quadplex and occupy one of the units. This will accomplish both of your goals and will provide you with the experience that you're looking for. You'll never find the same type of attractive financing as you can when you owner occupy a 2+ unit home.