I would like to know how to get pre approved for a mortgage to purchase a US Property, preferably in Florida.

There is not a riskier borrower to lend money to than someone who doesn't have the ability to cover the deposit for a purchase.

@TJ BardossasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Purchase the machine and make it part of the rental?

What is the purchase price and rehab cost?

These properties are my children's college education, I acquired them in 2005, only 1 loan no 2nd, never refinanced since purchased, but I am in a dire situation, any advice on where I can get the help I need to save these 2 houses, they both have equity... 

I have a very odd situation:I basically bought a house for a friend of mine about a year ago and gave him a 5% interest only loan for the entire purchase/closing/renovation costs.Both he and I would like him to get more permanent financing.But, he does not have a social security number. 

However, he wants to be off the loan within two years of purchase.

Since the property is there, I can only do investor loans in AL, but from a consumer standpoint you can do Conventional, FHA, VA, and USDA as a renovation loan where you take the cost of the property plus the cost of the renovations as your purchase price up to the value of an "As-Repaired" appraisal.

My main goal is to understand what types of loan products are available, and we are now more open to analyzing out of state purchases.We are eager to make our first purchase within the next 3-6 months.