There is no way to know what the lending landscape and his options will be in five years from now - that type of loan could still be available or there could be some differences - including nuance with the specific property, location, etc

The first step is to get pre-approved for a loan to determine your max budget. 

Thanks  For a conventional loan difference between closing within 6 months and after is the amount you can borrow.

What % of houses in Reno are available for a conventional investment loan at $360k or less? 

Good advice by @Eric GerakosAssuming for a second it’s worth doing, remind him his broker price of 500 will be lessened by the 40k commission, and the bank will be making the money off the loan, not him.So try for 460-480 with as low a down payment as he can stomach and offer to split that payment into upfront and 3-6 months later.

Loan Buy Down4.

I ALWAYS have a loan on my primary because they are the easiest loans to get and have the least amount of expense involved.

Hello all, I am currently interested in finally pulling the trigger and getting into my first property towards my RE portfolio.

We've got some capital, but I've heard of investment loans that require zero % down as long as we can show that the property will be able to rent.

Finally!