First - Attached is a checklist of documents any lender or bank will want to see when analyzing your ability to qualify for financing. Start with this document list - CLICK HERE -
Second - Every real estate transaction requires a plan. To start your plan ask what you want to gain out of this investment? Is it short term? Is it long term? What are you willing to sacrifice to accomplish your goal? What steps to you need to take to with your debt? With you income? With your credit to get you to first base?
Third - If you are just starting out and this is your first home - DONT think it has to be a dream home, or your forever home. Think of it as a stepping stone toward your dream home, or forever home.
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