Ways around 20% down?

[Tripp Warren]

Hi all,

I'm a newbie investor with one property that is a "land hack". I'm looking for my next deal. I'm interested in BRRRR type homes or homes that need some rehab. I'm finding lots of deals that work and cash flow with 3-5% (maybe even up to 10%) down but the deal falls when I work it with 20% down. I'm OK with making them my primary if need be, but generally the houses in my price range aren't habitable without 20G worth of rehab in most cases.

Are there ways around 20% down? 

[Theresa Harris]

I'll preface it with it has been a long day, but how can it cash flow with 3-5% down (meaning 95-97% mortgage plus mortgage insurance) and not cash flow with 20% down (80% mortgage)?  The mortgage payments should be higher with 95-97% down than with 80% down.  Most places have problems cash flowing with only 5% down, but do better with 20% down.