Do you always need 20% for investment loan? Other Options?? HELP

[Rebecca Cramer]

I figured this would be the place to ask a question about finding the best strategy for our next deal which would be deal #2! For the first deal we had 20% to put down and did a conventional 15yr second home mortgage in my husbands name. Our primary residence I bought before we were married and its in my name. We want to go for another real-estate investment (we are doing buy and hold..buy low, renovate and make them short term rentals on airbnb in Ocean City, Maryland). What are our options? Do we have to do an investment property loan? Can we do a second home loan for me since the only thing I have in my name is our primary residence? We would love to not have to put down 20% and want the lowest interest rate. Even 10% or 15% would allow us to get the kind of property we want since we want to save cash to put into the renovation. Are there investment property loans that dont require 20%? Thanks for any help or suggestions.