Unconventional finance options for first Buy and Hold

[Account Closed]

Hello all,

I've done some research and have been considering finance options for my first buy and hold property. Properties in the Alpharetta area seem a bit overpriced, so I'd like to focus on a remote market. This eliminates an FHA loan as a option since my daily commute to and from work would be an hour+ with traffic. I've read that HML require you to have some experience and a portfolio--doesn't seem likely that a HML would lend to a beginner. I've asked some friends/family, but no luck there.

Is there anyone who has been in my position before? If so, what creative ways did you implement in financing your property? Is my only option to save until I have enough for a 20% down payment? My apologies if this is a repeat question. Any advice is greatly appreciated. Thanks for your time.