@Tiffany S. well I have a mortgage already so I'm pretty sure that will count against it..but I'm looking to do section 8 housing so I guess for my first investment I would rather just deal with a turnkey unless there is a deal to good to pass on..should I give my credit union a shot?

I want to get several quotes from banks/lending institutions, but she wants to interview no less than 15 banks and 5 credit unions and go back and forth with each one and pit them against each other in a "rate/closing cost war" to get the absolute best price. 

My Credit union is willing to loan me 10,000 @ 1.9 %.

I prefer local credit unions & State banks.  

I spoke to a credit union and they said 25% down and approx 10% in reserve as a liquid asset (saving or CD).

Is that true for all banks or is this just with Navy Federal Credit Union? 

However, if the swarm is Africanized, then they may be more aggressive than the average bee, in which case this would explain people getting stung that aren't bothering the colony.  

Hi @Tyson Thomas to piggyback on @Mike Day's comment, definitely reach out to all of the banks in your surrounding area (large, medium, small, credit unions, etc.).

For reference this property is located in Union City, NJ. 

I have a savings sub-account at my credit union where I park leftovers for house stuff.