New investor getting into multifamily

[Hong Ahn]

Good evening everyone! I'm an out of state investor from Los Angeles that purchased my first rental property (SFR) a month ago in the Metro Detroit area. I want scale up to invest in a multifamily property in Michigan but trying to see if I can get some input from you all. My plan is to get a loan to buy the multifamily property, but not sure which loan to get. I would prefer to put less down payment on the property if possible. I was told by a conventional lender today that in order to get a loan on a multifamily investment property, I would need to put 25% down, which I don't want to do. Does anyone know if an FHA loan is possible in Michigan and if there are any lenders that you may know about? Would you recommend waiting a little bit longer for me to buy the next property since my first rental property was purchased last month? Thank you in advance!