5% down on investment property?

[Dylan H.]

BP - help me out here, as this is really throwing me for a loop —Everything I’ve read and been told says you need 20-25% down on investment properties ie: non-owner-occupied 

I’ve seen a few BPers in the deal diaries stating they’d purchased their investment properties with a 5% down loan —Are those folks openly committing mortgage fraud or are they just “well-connected”?

One member said their lender offered a first time home buyer credit — I didn't think FTHB credits would be valid on anything other than primary residence/owner-occupied…

Thoughts?