My lender said I could have gone as low as 3% on the down payment - this is dependent on the lender.

I was just talking to my lender, and there was a big change with the amount that you can put down with a Fannie or Freddie loan.

South Carolina Investors:Does anyone know of any South Carolina banks that will allow subordinate financing on investment property (residential or multi-family)? I've come across some deals that the seller is willing ...

@Tim Powell go to any bank and sit with a mortgage lender.

I have a great network, of contractors, lenders, title, and property management company (Mike Butler, author of Landlording on Autopilot).

thanks @Chris Tan, i just wanted to make the distinction, wasn't sure if it made a difference.It just seems like an easy way to fund a purchase without having to deal with lenders (private, hard, banks) and without having to use cash.Thanks!

-Do you encounter any issues with refinancing mortgage with lender to put under LLC?  

You might have to refi and pull the cash out as many lenders wont do a HELOC if its an investment property. 

I would talk to several lenders.

Realistically speaking, if they are, I'd boot the one paying the lowest rent with a 30 day notice and then move in to that unit.I would strongly encourage you talk to your lender regarding the occupancy policy in your state.