So no, tis is a horrible deal for you.Now of course I know nothing about your property (since you provided so little detail) so if this is a huge 5 BR house with pool on a lake somewhere, then you need to adjust my numbers.

Of course Kim!

These programs offer options for less money down and in some cases DPA - Down payment assistance.As a banker for over 18+ years I am very skeptical when I hear a new name in the business only because its become tougher to lend with all of the new laws and credit/insurance requirements and regulations.  

And of course there gonna press to sell it for the most they can get, that's just obvious. 

Did you finance this deal with a local bank or credit union?

It was a personal referral, received a credit at closing for renovations as well How did you finance this deal?

We both have good credit but my lender made it seem like there was no getting around putting less than 25% down on an investment property.

This of course will affect productivity and delivery schedules. 

Of course, the floor plan has to be conducive to this.

It , OF COURSE, also DEPENDS on your location and what you could actually get zoned up to.Are the properties around your building a different zoning classification than yours?