From what I understand, the process appears to be relatively synonymous, but dealing with foreign payments and foreign entities is unchartered territory for me, and I want to make sure I deal with closing and managing this property in the right way.

Real estate continues to be high where I am located and when I calculate the mortgage payment with 20% - 25% down, it only breaks even with the rent I could collect. 

Everyone who touches the property along the way has to do their job, or at the end of the line, you'll have a vehicle with missing pieces, wheels that have fallen off, a vehicle that cannot be trusted and a client who will be shopping for a new PMC.

We need dual income as we have mortgage, preschool, car payments.

I am a first time real estate investor trying to buy my first property to rent out. I am mainly looking for a single family home in the DFW area. I have been talking to a real estate agent and he has been sending me a...

Best options would be either 1-Buy a cheaper older home or 2- put a down payment so that the mortgages is more feasible to rent out.

Here are the terms: Purchase Price: 255,500Loan Value: 229,950Sellers Credit: 15,000Down Payment: 25,550 (10%)Debt Payoff: ~22,000Interest Rate 8.12%This high debt payoff has doubled since I initially started this process (at first it was 10K) and lender is telling me it's due to the interest rate increases. 

The down payment required is 25% per Fannie/Freddie rules for a 2-4 unit property.”This is from their seller agent.

Partnered with a friend and raised $250K for down payment and raised the rest through hard money.

I haven't made my first payment so I don't have details on that but if there is interest, I can update this thread when I do.