Hey @Aaron Price, I think the best way you can get started in real estate is to reach out to local investor-friendly agents in your market.

Best of luck!

Ok yeah we are thinking of getting an investment property loan so we can stay in our current home.If we did the FHA route we are considering on living in the new property for 1 year and then moving back into our old one after the year is up.We are curious if we would get a more favorable rate if we borrowed from our home equity to buy the investment property.Do you have any idea if many investors borrow from their home equity to get started?  

It earns a great rate of return compared to a bank account and is fairly liquid.

Sounds like a challenging situation all around I would  not cancel the deal, but if he dies and it goes to the estate and probate you may want to start looking for something else just in case...Best of luck. ...

I was one of the lucky ones who bought a house during covid and got the best price and the absolute best interest rate... so, I'm never letting this house go! 

The best bet would just be to keep the loan open then and only make the payments and not to pay back in full

That's a horrendous fallacy and a weak mindset to think that real estate agents are buying the best multis.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Best of luck!