What type of loan is it if not conventional?

[Steven Mann]

hey all,

As you will see by my question, I'm brand new to this. I own some small condos in another state but now live in Florida where I've identified 2 4-unit (separate tax parcels) buildings that I'd like to purchase as investment properties. I've spoken with several folks - lenders and brokers - and all are selling Fannie & Freddie products. I'm looking for a lower down payment (~10%)/90% LTV and I've been advised that the seller is not looking to hold any paper. Should I be looking for a portfolio lender? If no, what is it? If yes, any recommendations for one on the Florida panhandle? I've been searching blogs and watching videos but can't seem to nail this seemingly simple question. Apologies in advance and thanks for helping out this newbie. BTW, good credit, solid W-2, etc. Thanks!

Steve