Advice on purchasing first investment property
Hello everybody this is my first post so I hope this is in the right spot, just looking for some advice or suggestions on my situations. So here's my story I am currently looking to purchase my first of hopefully several investment property's I purchased my first home that I occupy almost a year ago I bought this house with a conventional loan and 35% down, I have a decent paying job and my credit was spot on when I bought this house, so a year has passed and I'm ready to try an buy an investment property when I find out that my credit has tanked due to a few medical bills that have went into collections and no bank will approve me. I have enough cash to make a cash deal (roughly 70k) however I'm looking to spread this out over several properties. So my question is what kind of options do I have I am getting my credit resolved however this could take a while before any major changes are made.