This property qualified for a lead paint removal program from the county and I not only had the lead paint remediated by a professional for FREE!

You can do a seller finance to a buyer, though with all the Dodd/Frank changes, you would need to use a RMLO in your state to do financial checks to qualify them and handle all that paperwork.

Reinstated license Jun 14; started own brokerage (had to hire a broker until I qualify to get broker's license here).

Be prepared to hear alot of no's but if you have a great credit score, personally qualify for a loan with verifiable income and tax returns, you should have no problem getting a loan (it just depends what terms they will offer).

@Lawrence Moore Being a 1st time home owner you should qualify for a 3% down conventional loan.

--If monthly income does not equal three (3) times the stated monthly rent, a qualified co-signer may be required and/or an additional security deposit equal to a full month’s rent or more per property may be required.

To buy another rental property, though, I would need to look out of the SF Bay Area, as the market is ridiculous.I have some questions on financing a second rental property, namely, do I need to be able to qualify to carry the debt of my current house and the rental, even if the projected rent of the new purchase can more than cover the monthly mortgage payments?

I was told that window units may not qualify for their standards.

Because of the number of rental properties I have, I no longer qualify for loans that will be sold on the secondary market, so I need a lending institution that keeps their loans in house, that works with real estate investors, and will offer good loan terms. 

If you have an FHA loan, does that mean you can get only 3 of the easier to qualify conventional loans, and 6 of the more difficult ones?