If you're looking for the cheapest monthly fees and low commission splits, there are plenty of options, but as with anything I suspect you get what you pay for or... what you don't pay for.

I want to Purchase a condo that has 40% owner occupancy. No lender will touch it. Even credit unions. Are there any options for me?

Phone cameras are closing the gap on low-end digital cameras, but there is no substitute for a high end DSLR or mirrorless.

You still need reserves and to have cash on hand but already you aren't paying 10% for management, aren't paying a lease up fee, you don't really have to put aside for vacancy (as long as your leases run Sept to Sept, which might take a year to get going depending on when you close), and eviction chances are really low.

Living in a property for a year to get low rates and low downpayment may be worth it.

Here are more $$ details:Buy and Hold:Yonkers 4 unit multi-family house (5 minutes to Metro North station)Monthly expenses: $5kCurrent rent roll: $6k (can be increased with more renovated units, and current landlord keeps rents low to keep tenants)Renovate and Flip:Brooklyn (Bed Stuy/Bushwick) Condo 2 Bed 1 Bath 850 SQFT- 5 minutes to J/M train station$500k Purchase priceMonthly expenses: $3.2kEstimate monthly rent: $2.2k, $2.5k renovatedThank you all for your time and input!

Here are more $$ details:Buy and Hold:Yonkers 4 unit multi-family house (5 minutes to Metro North station)Monthly expenses: $5kCurrent rent roll: $6k (can be increased with more renovated units, and current landlord keeps rents low to keep tenants)Renovate and Flip:Brooklyn (Bed Stuy/Bushwick) Condo 2 Bed 1 Bath 850 SQFT- 5 minutes to J/M train station$500k Purchase priceMonthly expenses: $3.2kEstimate monthly rent: $2.2k, $2.5k renovatedThank you all for your time and input!

Bad credit, no savings, a low-paying W-2 job, etc.

Just let your realtor know your reasoning so he/she does not give push back about writing a low offer.When making an offer, just make sure all of your numbers are lined up for closing costs and any appliances you will have to purchase.

Also your vacancy rate is low, you probably want that at around 8% since 1/12 = 8.33% (so you'd have one months rent set aside ever year).