With those numbers, have you checked with a local bank or credit union?

@Vijay Singh SambasivamI would suggest speaking to local banks, and credit unions.

Most banks/credit unions have clauses that prohibit borrowed down payment funds or seconds on the property. 

I have called my local credit unions and I can't borrow against the house because It has already been gutted and is deemed uninhabitable.

Often times, their approval processes are slow.Credit Unions - Their member structure also subsidizes their financial structure so they can also be a source of low-cost financing.

Avoid PMI and then go to a local credit union and get a heloc after closing to gift the money back.Have this as a tool in your tool belt but pursue use of the 3.5% FHA, knowing that you will be at a competitive disadvantage if you are competing with non FHA buyers, then you can call in the favor from your gift person.Just know that if someone gifts you down payment money, your bank will require them to sign a letter stating that it is in fact a gift that doesn’t need to be paid back.

@Kyle TrotmanI would suggest speaking to local banks, and credit unions.

Pricing in DFW probably means you wont live rent free,and will have to pay your fair share of normal rent, but you also get 3 more people contributing to your loan paydown and you get to keep the appreciation.Buy hey...maybe I'm wrong....go talk to a local bank or credit union near where you live and get a term sheet from them for financing. 

You might find a local credit union or community bank that will go to 95 -100%.At one point I called 2 different VA Regional Loan Centers regarding this section in the VA lenders handbook:Assumability - The second mortgage should not restrict theVeteran’s ability to sell the property any more thanthe VA first mortgage.

When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer.