How to get a second income home without 20% down?

[Justin Wilcox]

I am already living in my my own home that I purchased about three months ago and finished the renovations in it. 

I have found a property that I am positive I can cashflow $7-750 a month.  The issue is that I don't have 20% to put down on the property. I have heard that I could make the property my second home and main residence and then just rent the one I am in but I was under the impression that I would have to live in it for a year.

I suppose I could do that but I have a friend who is a girl that I was hoping to have manage the home. (tenants bills ect. and give her a break on rent) I would rather just have it as an income property and avoid any legality issues.

Are there lenders that will do this type of loan for me? If so, what should I recommend or avoid when attempting to take out this type of loan? 

Thank you!