First investment property in NY

[Keith Martin]

Hello everyone me and my wife just got an accepted offer on our first rental property in NY. We are excited but we were told we'd have to put 20% down because I have a mortgage in my name already and my wife who is not on the mortgage is on the deed. I do have the funds to put 20% down but we were expecting to put 5% down using my wife for a FHA loan. Is there anyway around this or do I have to suck it up and put 20% down?? Thank you in advance