As others have suggested, you could get a conventional or FHA loan if you want lower down payment options.

The SST doesn't apply for legal 2-flats so if you want to use FHA it's probably better to target those that maybe also have a non-conforming basement or attic unit.This is why the 5% down conventional loan is a game changer for house hackers.

One thing I continue to think about is how valuable 2-4 unit properties are becoming, and will continue to be, since Fannie/Freddie took the income restrictions from the 5% down conventional loan option for house hackers. 

Get Familiar with Financing: Educate yourself about different financing options available for commercial properties, including conventional loans, hard money lenders, or seller financing.

I'd rather keep the sub-3% rate for now and finance other properties conventionally for the short term.

That gives you time to get organized and established for more conventional financing. 

Many of the properties I have been looking at have issues but in this case I'm working with the seller to let me get it up to conventional appraisal standards before they inspect it.

Hope is a bad strategy.The only on market strategy that I think can work is paying cash/line of credit/hard money for a property that does not qualify for conventional financing.

We think we can break even with a conventional sale but have no idea.

Quote from @Leah Miller: Hello to all,Need some lending advice.Was supposed to close on a property on Thursday, with a Fannie Mae conventional loan.