First investment property help
I'm looking into buying my gramothers duplex. They're is three parties tied to the property. One being my father. Who is giving me his 3rd. So I'll already have equity into the property. It was appraised at $58,500. It needs some rehab done. I'm a first time homebuyer/ investor. Im just wondering what type of loan should I get for the property? I don't want to use it as my residence. Just want to rent it out. Any advice would be great. We meet with a local bank tuesday.