Since you are using the property and renting, you'd want to look into a second home or vacation rental loan programs.

Perhaps you want a “vacation home” and will also rent that out while you are not using it?

Some coastal cities that were historically very welcoming to vacation rentals (like Rockaway Beach OR) have recently passed new CAP's or rules on STR permitting or vacation rental licenses.

Most people lack the money for a down payment, and their personality tells them if they do have some extra money spend it on a good time, beer, a vacation, new skis, a gift for junior, etc...

I'm particularly passionate about Multi-Family investing.Outside of real estate, I enjoy golfing, motorcycle riding, and general healthy living.Excited to learn and connect with you all!

Initially I had a feeling you didn’t really know what you’re talking about but now it’s crystal clear you have no idea what your saying and you are more than likely just another misleading , Detroit PM nightmare like 99% of the other PM’s in Detroit with all sorts of hidden fees, secret add-on’s who work against the tenant rather then with them so they end up vacating and you guys salvate over another nickel and dime placement fee.The question ‘why’ in your first comment has absolutely NOTHING to do with it I am simply sharing my experiences.

So far I really enjoy it.

Here is an article from 2022 - https://www.lakeexpo.com/news/politics/vacation-rentals-in-j...It talks about the judges ruling about certain homes not being STRable.

I want to create a different experience for my tenants.Outside of real estate, I enjoy my day job as a psychologist and relationship coach. 

Revisiting the subject of financing for vacation home/vacation rentals/STR's.  10% down is still an option without having to pay points.