@Chris Habets If you are willing to go into the hard money relm of 10-12% then yes you can get financing but to me thats insane (my opinion) ...Might as well use a credit cards for your deals.. 

I am about to be a first time buyer, don't have the money for a down payment but I have very good credit and the bank has agreed to finance me 100%.

As well as any tips on getting financed for your first income property.

I have excellent credit.  

The only risk is if the company goes bankrupt (which in case I would then start self-managing), and the only costs I'll have to cover are potential structural damages (which would most likely be covered by insurance).Another plus side of having invested all cash, is that I will have potential access to lines of credit both for home equity (up to 70% of home equity), AND for future guaranteed rents (up to 60% of total 10 year rent roll).Already planning on the next property using the same strategy, but this time with traditional financing (looking for 100% mortgage).

Hello,I've been saving all year for a down payment and have been working to building my credit.

I was wondering if their was any tips or networking that anyone knows of that will help me on how to start the process.

When I ran the credit check, it did show a large number of inquiries followed by a number of accounts closed due to bankruptcy a little over a year ago.She also said that a company handles all her bills so she would need a letter stating the amount of the deposit and rent and they would send us a check. 

I was wondering if their was any tips or networking that anyone knows of that will help me on how to start the process.

Their mortgage payments will be paid directly to the lender each month in a timely matter, ensuring that our investment is secure and safe while protecting the seller future profits and paying down the principle putting more into the sellers pocket.Knowing that we are helping the sellers credit score and they won’t have to suffer as a result unable to make those payments.