If you buy a house for below 80% ltv do you still have to put a down payment?

[Jimmy Danblaus]

I have found a few wholesale deals that should apprise well above the price that I found them for. For example, one triplex I have found is for sale at $140k and I estimate that it is worth at least $200k maybe even 250k. I only have about 10k saved for investing. I was wondering if say it was listed for 200 and I put 20% down the remaining about financed would be $160k. Would a bank take into consideration that I owe less than 80% of the property and would I be able to not put any money down on it? I have searched for answers but have yet to find anything on the subject. What do you guys think? Thanks.