@Edwin GiraldoYou can find an investment property financing options with local banks/brokers who will finance up to 75% of the deal and base it more on the property cashflow and your credit score (not your income).

hello all,I have a question that has been ponder on my mind. i currently reside in N.Y. and thinking of relocating to Fort Lauderdale fl. and purchasing my first owner occupied rental.question: when i use my current job income to quality for my loan. will the bank question my future job once i relocate to florida?

What do you do for earnest deposit money If your buyer does not have a bank account?

Right now, I am going bank by bank on their website.

Now that I know this, my strategy moving forward has adjusted drastically.From what I understand this rule is enforced on conventional loans depending on the bank and LTV. 

@Natalie Kolodij Well, I bought the property under a single-member LLC so I have a separate bank account for everything relating to the rental.

I'm definitely curious what figures other people are using that invest in condos)Property taxes: $200Payment: $344 (5%, I'm hoping I can get this, but going to reach out some banks in the next day or two)Monthly Cashflow: $239Yearly Cashflow: $2868Cash on Cash: 15.9%Again, I'd very much appreciate any constructive criticism and thoughts. 

Once the bank buys them back at the courthouse they will list them with a real estate agent.  

Hello - I'm looking for some advice on a bank/company to work with on a cash out refinance in Louisiana.

I’m currently in the process of a Cash Out Refinance with a local bank to gain access to the equity with the intent buy more rental properties.