Investment Loans that require less than 20% down?

[CT Nguyen]

Hello,

I understand most lenders require 20-25% down for investment properties. I spoke to someone and he mentioned that he was able to secure a loan for one of his AirBnb properties with only 5% down, however, this lender is not licensed in the states that I want to invest in so I can't use them. I am wondering if anyone here has any experience with investment loans that allow borrowers to put down less than the typical 20-25%? 

Thanks,

CT