Dan S posted a comment about me thinking investors needing fourty percent down and the answer is —–you are going to have to get close to this.
Rob H a former partner of mine said my comments may be a little pessimistic—– Rob is right so here is some good news. I have not posted in a while because the rental maeket is on fire We are renting several things a day. So much so that we are taking ten applications a day. We are getting twice as many hits on our web site than in march.
I had spoke to a loan officer at first national. With good credit and 2 years job history I could obtain a FHA loan with only 3.5%.