What are my financing option?

Hi,

I live in NJ and I am looking to make my first rental investment in TX ($100k - $130k, expecting $1000/mnth). I am wondering what my financing options are?

Here are some of my info:
annual income $75k, credit score 731, currently no cash
$415 auto loan , $300 Credit card monthly payment
would like to do a 30 yr mortgage

how can I make this purchase with the least amount of cash. What are the cost in terms originating the loan and closing cost?

Thanks in advance!!!

also, before I even make an offer, can I get preapproved and still put down the least amount of cash when the deal closes? Thanks again.

You can be approved for 100% financing if you go full doc.
You can recieve a letter within 48 hours showing that you are in fact pre-approved for financing.

You can get pre-approved for 100% sellers should contribute some to closing. These are contingencies you can put into your offer.