Conventional Financing for 3rd Property?

[Clint Morris]

I'm relatively new to RE, but have recently made up my mind that it's going to be one of the main components to my long term wealth building strategy. I've been practicing by analyzing potential deals in my area and found one that fits my immediate criteria for cash flow. I visited the property and confirmed that it is a profitable opportunity. My next step was to confirm financing by talking with local banks. All of the local banks are telling me that any financing options available would only be for a variable rate commercial loans. My assumption was that I could get AT LEAST four conventional mortgages without having to consider commercial financing. Was I off base here? Any advice on options of how to move forward from here would be much appreciated. Thanks in advance!