Duane, please answers these questions..1. what are your 3 most recent 30 days Mortgage Credit Scores? 2. what is your Gross W-2 income for 2012 and 2013? 3. what can you verify as proof of funds with an account activity statement dated on Monday morning 2/10/14? 4. what price range Investment Property do you want to have a realtor show you?
I would be happy to work with you. I work with many first time investors such as yourself and can guide you through the sometimes rocky process of purchasing a rental property. We also offer property management services and can help you find a great tenant. I know of several homes that are already rented, so that saves you some hassle as well. Feel free to contact me and I'll be happy to give you more information.
Thanks and I look forward to hearing from you soon.
Bahia International Realty
You may be able to get up to $10k from the State of Florida Bond program. This may help you compete with buyers of desirable properties since you will not have to ask the Seller to contribute to your closing costs and/or it may allow you to go with a Conventional Mortgage versus an FHA mortgage that may be more stringent on the condition of the property.
Let us know if you need more info on the Bond program. Not all lenders are approved to get this money for you so I would start with an approved lender for this program if your income is about $68k or less for a single person.
Also many of the properties shown as active on Real Estate websites may already be under contract so to save yourself some time, you're welcome to search "like a Realtor" by signing up for a free Listingbook account on my website:
Pro Option Mortgage/ Florida
Ph: 888 662 4404
Prior Service: U.S. MARINE CORPS