Non-FHA Financing for Multiple 4-Plex Properties

[Robert Taylor]

I would like to acquire a 4-plex a year for the next several years to build up a portfolio. I am planning on doing FHA for the first property. I am willing to move once a year to make these owner occupied financing. My loan officer is telling me that the lowest amount I can put down for a 4-plex in non-FHA financing is 20% for a conventional mortgage. That seems high when investors are only required to put down 5% more. Are there other options we are not considering?

Thanks!!