Investment loan property condition

[Dustin Boggs]

Ok so im currently investigating my financing options and i know its very difficult to get a conventional loan with 5% down if the property is in bad condition ie bad roof holes in walls ect. My question is, is it just as difficult to obtain an investment loan 20-25% down for the same type of properties or are lenders more lenient because you already have so much invested? Either way i plan on occupying the house and doing all the repairs myself until it is rent ready. I would love to get an fha 203k but i think it would be to hard to convince the lender that i am capable of doing the repairs myself and it would cut into my future cashflow with a higher mortgage payment. Any help would be appreciated.