What was ABNORMAL were the interest rates for the previous 10-15 years which were unusually low. 2.

We recently relocated to Phoenix last summer and I'm starting to look for recommendations for local credit unions here in Phoenix which are trustworthy, low rates, personal touch, easy/simple to work with, etc. 

I have a very low risk tolerance for stock and many other market driven vehicles. 

Most people I know start with low money down programs so they can get away with a initial capital investment of around $25k but you also need reserves.  

We also have many unique buyer incentives where an investor can get up to a 10% price reduction to come into immediate equity, or get that 10% as a cash back at closing to reduce your down payment and increase your ROI, or buy rates down into the low 4s on 30yr loans to maximize cash flow.

Both reno loans also allow for a low down payment (3%-5% minimum - AMAZING!).

The downpayment is good but the interest is to low.

This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.

What they will offer you is an appliance package, or closing cost help, or a low fixed rate loan. 

Have you explored specific neighborhoods yet?