Working on our first deal

[Frank Del Corso]

My wife and I have been enjoying the podcasts and working together on buying our first rental property.  We found a lender that we've pre-qualified with and they have told us we'll need to put down 25%, which is our problem.  We have good income but we don't have enough money available for a 25% down payment + closing + renovations so what do we do?  I'm thinking we should look for another lender but what we don't know is if this is standard for a multi-family traditional mortgage loan or not.  Does anyone have experience with loans for multi-families in PA?

Thanks!

Frank & Jen