HOW DO I PURCHASE MY FIRST RENTAL PROPERTY?

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The easiest thing to do is call around to different banks and credit unions and speak to the loan officers.  Just tell them your plan and ask what it would look like to get a loan from them.  They get calls from wannabes all the time, so get some education before you call.  Listen to some podcasts, read some "starting out" books, and search for some networking opportunities first.  

My personal approach is to use a real estate agent.  The same thing applies in that they take calls from "investors" all the time, but most are wannabes.  The agent will be able to advise you on the best lenders, home inspectors, and survey companies to use.  For someone starting out, the fees an agent charges are well worth it.  Just don't go for the new agent with little to no experience.  Good luck!

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