taking a loan for a rental?
curious guys, maybe the BP community can help, I listened to the BP blog the other day and heard about ohio cash flow turn key options, and interested in some of his properties. He's properties are priced low but comes with a reasonable guarantee. My question is and or concern is would or could I get conventional loan for 45k and what do you guys think about taking a loan for something like this. Like I said it's legit, 3 yr rental guarantee and 1 year damage repair ie hvac failure water heater damage. What do you guys think.