30 Year Term for Virginia Investment Property

[Hark Tukay]

I am looking to finance an auction property. I expect the auction price plus rehab to be around $400k with the value to be around $500k so I will have 80% LTV in the property once it is fixed up. I would like to keep the property as a long term investment and I am trying to find a lender that will finance the $400k for 30 years as an investment property without having to put 20% down on top of the equity I already have in the property. Can anyone direct me to a funding source that wouldn't not require a 20% down payment on top of the equity I would already have? if not, does anyone have any creative ideas like to acquire with hard month and re-fi to a traditional? Thank you!