Ryan Dossey then what is the best course to proceed in then?

so you have three choices:(1) buy a non-owner occupied property and rent it out (you'll continue living where you are now or somewhere else) (2) buy a multi-fam and live in one unit, rent out the other(s) (3) buy an owner occupied (OO) property and rent out a bedroom do the math on each - with an OO you may qualify for an FHA insured mortgage which should allow for a reduced down payment (perhaps as low as 5%, sometimes lower).

Originally posted by Account Closed:@Ryan R.

Two choices...the best is to make the buyers be preapproved with a lender the seller/selling agent trusts, making sure they get tax returns, w-2,s, 3 mo.s of bank statements verifying funds, etc.

1) GOOD CHOICE!

@Ryan Cameron, I have a few deals under my belt...buy and holds, but looking for a few more to manage and retire:)@Katie Heer, Working in Kensington and Fishtown for a few years. 

Your choice, Burnie.If you do run across a rich person, taxes are killin 'em and they show interest, I guess I would ask if they know anyone interested in passive real estate investing.  

Thanks Ryan Poske feel free to message me and we can set something up. 

My renter just moved out, so I have the choice of selling it or renting it out for 1100 maybe 1200.  

Ryan