Financing Options for Out-Of-State Purchases

[Colin M.]

Currently looking at out-of-state RE purchases and what financing options are available to me. Im looking to purchase a 3-4 unit property with a low down payment (3-10%).

So far, my mortgage lender is telling me the best option i can do is Conventional loan but is 25% down. I asked about FHA loan, which does cover 3-4 unit properties but i need to also live there.

Any other option you guys would recommend i look into for this?
I checked out 203K loans also but they too require me to be owner/occupier....

If you have done this before, how strict are the underwriters in seeing that you will be a owner/occupier?