Fannie will do 15% down on an owner occupied duplex, but in your situation (where you publicly posted on on the internet that you have zero intentions of moving in) that would be flagrant mortgage fraud and a bad idea.So the two possibilities are...Your lender is using a portfolio product and will be holding the paper.

dana  there is NO private money at 5% from anyone who you have found on the internet or advertised for it.  

It's what they do, so please visit with yours instead of looking for legal advice from an Internet forum.

Be very careful taking advice off the internet, RE requires an on going education to stay compliant and profitable.

Diop I am a real estate investor who has been working as an Internet Marketer for the last 8 years.

Do they have internet service?

Last word for me on this thread will be a plea to not ask for help from the internet and then tell the people helping you that they don't know what they're talking about.  

As far as the FHA loan, from what I quickly found on the internet the loan limit is around $600,000 (not entirely sure, maybe someone else on the site could help with this)..

RE is a very tough business in any manner.. and whats happened in the last 20 years is the internet and the fantasy that anyone can get rich at it with non of your own money.. while this can happen..

I am out of the country currently with limited access to the internet, but if you add in vacancy, repair, capex, utilities, taxes, insurance ect it is very rare to find a 2 flat that will cash flow.