I have  heard through bigger pockets podcasts that NC has merit.

I am on the lending side of things, so if you'd ever like to chat shop and options out there, let me know. 

@Kamal Sukhija, The single member LLC option as been mentioned a couple of times. 

@David BurtonWelcome to Bigger Pockets!

As Guadalupe said above, a DSCR is a great option for buying with a lower DP but it comes with the caveat of higher interest rates; and as Nate said, National Bank of Coxsackie in Glenmont is a great local bank which wont sell your note to larger banks.

For a better estimation, find a business broker in your area.For the loan options, speak with your banker and try to get involved in local real estate groups.

There is 3-5% down payment options you can use.

Over the course of using Bigger Pockets I have had very degrees of opinions on who I should vote for concerning a post.When I first started using Bigger Pockets, I was too naïve to even think of voting for someone that took the time to answer one of my post.  

My lender is suggesting me to buy property under my name and then transfer it to LLC later as there are not many financing options available for LLC.

That should never happen.We also discussed the option of selling your property or even transferring management.