. - With the property I intend to purchase 2-3 years from now I would hope to get a 15 or 30 yr conventional loan, but what should I consider for the investment property (hoping to put down as little as possible).I would look at the new 5% down program from Fanie Mae. 

Have your read (and understand) the Fannie Mae Loan Origination Process?

If you have two years of W2 work history, I would recommend going with Fannie Mae/Freddie Mac.

Quote from @Lianna Mae Smith: Just a note- I confronted them with their suspended license multiple times and the squirrely agents sent me a new business license that they have in -  I believe Delaware?

Fannie Mae wouldn't purchase the loan if it didn't meet that requirement.As for a team in place, although that's good, you'll still need to show that you have actual experience managing real estate in some capacity.If you switch to a conventional loan, from VA, then you don't need to have management experience.

Thank you @Avery Carl@Amit Desai I am a lender and the company I work for follows Fannie Mae guidelines with no overlays when it comes to this topic.  

There are calculators online but make sure you are familiar because I get a lot of people call me because their loan officer failed to run the numbers and they are getting ready to lose a deal or earnest money.If you want to go FHA you can always put more down but I would take a look at Fannie Mae as well for High Balance areas.  

PLEASE NOTE: For purposes of determining the VA guaranty, lenders are instructed to reference only the One-Unit Limit column in the FHFA Table “Fannie Mae and Freddie Mac Maximum Loan Limits for Mortgages Acquired in Calendar year 2016 and Originated after 10/1/2011 or before 7/1/2007”.Maximum Guaranty Loan Limits for February 28, 2014 to December 31, 2014 Maximum Guaranty Loan Limits for January 1, 2014 to February 27, 2014 2013 Loan Limits Maximum Guaranty Limits for August 6, 2012 to December 31, 2012 Maximum Guaranty Limits for January 1, 2012 to August 5, 2012 Maximum Guaranty Limits - October 1, 2011 through December 31, 2011 2011 Loan Limits 2010 Loan Limits 2009 Loan Limits 2008 Loan Limits Guaranty Calculation Examples - Review these common situations to see how a VA-guaranteed loan limit is calculatedRemaining EntitlementVeterans who had a VA loan before may still have "remaining entitlement" to use for another VA loan.

This matter has been fully settled 100% with an ex-tenant MacKenzie Mae that was renting, but I was told she can’t post here, by her, because bigger pockets has now actually banned her from the site...therfore I’m posting this notice of settlement and confirmation that this matter is completely and 100% fully resolved and settled as of 06/25/2024.Kind RegardsDJ Thielen

If you do go the condo route, you would ideally want to find a building that is Fannie Mae approved.