First Deal: How Should I Finance?

[Adam Bontrager]

I am looking into purchasing my first long-term, buy and hold rental property (my dad currently owns 3 units but this is the first I will be involved in).  Just looking into some suggestions on the financing.  I am considering several multifamily properties in the Warren/Niles, OH area (approx. 50k - 100k).  

I have about 10k available for a down payment.  What are some of the options other investors have used?

I talked to the local credit union where I am a member.  The loan officer discussed two options - either get the loan through Fannie Mae/Freddie Mac or go more of the commercial loan route.  I'm thinking the interest rate would be lower on the Fannie/Freddie option.  I believe the benefit of the commercial is that they are focused more on the cash flow of the property rather than my W-2 income.  

Overall, I'm just curious about what other first time investors have used for buy and hold properties.  Let me know your suggestions.