Quote from @Mark Jay: Hi, we purchased a small lot of raw land last year and have since improved it and added a mobile home.

Also, linking up with an investor friendly real estate broker and lender to learn the lay of the land, and how financing your property works would be one of my first steps as well. 

I have a property that I am about to sell.

Hey Khaled,I’m a Watertown realtor, and I work with a ton of investors in Massachusetts, so I’m pumped to see you hustling as a wholesaler with two properties already lined up!

I am an OOS investor in Tulsa and have a few units in suburbs of Tulsa (Broken Arrow, Sand Springs)Trying to grow my portfolio and looking at duplexes, for better cash flow.

When you purchase I would mention your intentions to the credit union so you can get a jumpstart on what to expect later on.

Alabama is a decent sized state...you may want to narrow your question down to a city/market to get more of a response.

I have seen 85% LTV on a rate and term, but will be at a very high rate. 

@Jaycee Greene no, this is talking about small local banks being willing to use the equity of one property as collateral in place of your down payment on another property.

CofO Warren will make you do 5 inspections: Zoning, Building, Mechanical, Plumbing & Electrical.Rental License is just one inspection that is mostly Health & Safety related issues.If you're up to $20k, then highly likely CofO inspections or you're doing a lot of cosmetic work.If property south of I-696 it's Class B or C - so be CAREFUL of NOT doing Class A improvements!