Need help with mortgage lender

I am trying to find financing for a rental property in North Carolina. I am planning on purchasing a townhouse that already has a tenant who is paying $800 on a 2 year lease that started in Jan 08. The townhouse is worth $115,000 and I am planning on putting down 10%. I currently don't own a house (this will be my first investment), I live with my parents in NJ. I have been researching to find out a lender that will provide me at least 90% financing for an investment property with a low interest rate (I know in this market it is hard to get low financing). But, can someone please provide me some suggestions? Thanks a lot.

Cue the deluge of mortgage and payday loan links!

Just curious.......why are you trying to buy a rental property if you don't have a primary residence yoiurself. Sounds like this could get tricky if soon down the road you went to buy your primary residence and had to tell them that you never owned a primary residence but did own a rental property?? But maybe not. IDK. Just shop around for the best rate.....research research research.

Thats about all you can do...Research. I would make some calls to some banks/firms in NC and see what kind of rates you are getting. Good luck!

Cue the deluge of mortgage and payday loan links!

That is funny! That is a classic set up for for the same person or his friend with one post to tell us all how great their particular company is.

Cue the deluge of mortgage and payday loan links!

www.mortgage.com!
www.paydayloan.com!!

LOL