If there is a credit, then that will be handled in escrow.Yes, make sure that you try and use all the money from the sale of the first home and if there was a loan on the property it also needs to be replaced on the up leg. 

I'm using an FHA Loan. 

You inspect, you may need to negotiate repairs or price changes based on your findings, the bank appraises it to ensure they can underwrite the loan, then you close.If you find yourself anxiously waiting, you can do what the vast majority of investors never do: educate yourself on how to manage a rental.

Have you used your owner occupant loan on a house yet, and if not I would try to find somewhere to house hack.

Bank loan How did you add value to the deal?

There are a few ways to go about structuring the loan for you on favorable terms. 

The college girls are very sweet. 2 play sports on scholarship and work and have told me they pay their own way with their scholarship money, loans, work etc and have good references from previous landlord and credit score. 

Hi Doug, How much of a loan are you looking for in a third position? 

Man focus now is to improve analysis of properties.

Loans maturing and in some locations lots of inventory coming online.