I love hearing that you are graduating and thinking about investing already!

They are balancing that with the need to make a solid investment decision.The key is to think a bit outside the box.

If you have worked with them or invested with them I would like to hear about your experience. 

For running numbers have your realtor if he invests run through it with you or use one of the free investor calculators on BP. 

Quote from @Erik Estrada: You are better off saving the money, as 15-20% down is the norm for investment property financing.

Find a house that comes up on the wholesale list that has a lot of bedrooms and buy it as an investment property with a hard money loan.

Another option is a personal loan, but positioning it as a home remodel (rather than an investment property rehab) could improve approval odds.

@Zoey Ammon Great to hear of your interest in investing in multifamily in the Raleigh area. 

Lenders want to protect their investment not because of possibly you but your profile (little equity / assets etc) which is common for someone in their early 20's - want to make sure skin in game.

I've helped several BP members purchase investment properties here and would be happy to talk and see if I can help you out.