Acquiring a loan for a secondary property

[Kevin McInerney]

Hi, I'm new to the investment world, but I was referred to this website by a friend. I already have a primary property and was looking to invest in a secondary property for renting purposes. I had a conversation with a loan officer and was told I need to put 20% down on the "rental" property. I was wondering what people's thoughts were about this and how they have been able to get started without having to put 20% down. Any info will help.