Need advice on options for multi family financing

[Greg R.]

Hello,

I am trying to explore my options for financing a multi-family investment (non-owner occupied). I currently owner-occupy a duplex with a VA loan.

I have been scouring these forums and the web trying to find a creative way to finance a multi-family without having to put so much money down. What are my options? Is 25% down the only way to get into these properties? Are there any lenders that offer any 80-10-10 type programs, or any programs that will allow me to take on LPMI/ PMI? Ideally I would love to get into something with 10-15% down. I am in San Diego, so good multi units here are generally a minimum of 400-500k.

I've already cash out refinanced my current VA financed duplex, so I don't know if there are any other way to leverage that property.

Any and all ideas are appreciated.