1st Property Financing Question
All,
I have found the first property Id like to purchase. Relatively low dollar, but good shape, good track record of renting. I was thinking of just a conventional mortgage for financing as I don't have a lot of cash for a downpayment. I have a good income and credit rating, just not much cash right now. I'd like to do 5 or 10% down. Is this realistic?
Thanks,
Alan