1st Property Financing Question

[Alan Diamond]

All,

I have found the first property Id like to purchase.  Relatively low dollar, but good shape, good track record of renting.  I was thinking of just a conventional mortgage for financing as I don't have a lot of cash for a downpayment.  I have a good income and credit rating, just not much cash right now.  I'd like to do 5 or 10% down.  Is this realistic?

Thanks,
Alan