Property investment is a smart financial choice.

The traditional investment property mortgage requests 20% down, which I could make work but I’m trying to consider other options instead:- I have considered an FHA loan but would need to move into whatever house I purchase and the current house is really a single family home. - I’ve also considered a home equity loan on my current house in order to have more cash to invest into a rental property but would only make my mortgage go up and may make it difficult to have cash flow if I want to build my portfolio.I’d love to hear what you creative folks think. 

All bedrooms and baths are on the second and 3rd floors- so no bathroom on the main floor with the main living space and kitchen.Previous owners turned a main floor half bath into a wetbar when they used the house as a traditional B&B.

Therefore, I was thinking/wondering, how could I find a way to purchase this land through non-traditional lender?

I have a lot of choice words for the type of person this is. 

your two choices are not mutually exclusive. 

Or is it possible to use the BRRRR strategy if you do traditional financing through a bank? 

Your choice.  

Since you have make this post, I'm assuming you don't have any of these at hand, since its an obvious choice. 2.

My take-home pay is significantly lower than my gross pay due to my large contributions towards 403(b), Traditional IRA and HSA.