In these instances you may want to drive offline traffic online via more traditional methods.

You can cut down on the amount of water you use with pex, but this is if you use a home run system as opposed to a traditional.

In comparison, traditional electric coils are almost 100% efficient at producing heat, even if more expensive to operate.

As far as I know most banks will cover it but some might not and if you're not getting a traditional mortgage you'll have to just ask your lender.

@Casey BollockA few or my friends purchased their first multi-family rental properties with FHA loans, which require much lower down payments than traditional financing.

(comps are showing about $500k), if he agrees to finance the house to me using a wraparound mortgage.Although I have $0 down, he is seeing these benefits:Receiving full retail price for a house that would probably sell under retail under a traditional saleI will cover all closing costsHe does not have to pay a real estate agent to list and sell the house (3% savings right away)He's saving at least 2 months of vacancy ($2600/mo) compared to if he were to sell the house by listing it with an agent, or attempting to find a new rental tenet.He's saving any money he'd have to spend to list and market the property for sale or rentWith the wrap mortgage, he will actually receive more than the sale price because I will pay interest each month in addition to the principal payment.With tax and insurance included (there is no HOA or Mello Roos) if I continued paying the $2600/mo he'd see a little over 2% in interest, would be freed of any obligation to the home, and would still enjoy some nice cashflow until I could refinance and cash him out.I'd be open to his terms if he wanted to put a clause in the contract requiring me to cash out within 3-5 years, although I'd of course prefer if he didn't.Does anyone here have any experience in a deal like this? 

If financed using the traditional method that’s about 1350 per month.

So I called banks to get a traditional loan.I know there are creative ways for people to reduce their down payments when they get conventional financing through a bank but how?

Traditionally I've gotten VA loans and FHA loans from local providers in the area.

Once an offer is accepted, expect a 4-5 week closing period (if traditional bank loans are to be utilized).