NEW INVESTOR LOOKING FOR ADVICE

[Steve Meyers]

I'm looking to purchase a condo for my first investment in the 90K-110K range and don't really want to have to put down more than 5% for a down payment.  Since this won't be an owner occupied property and I want to use it as a rental property a lot of lenders are telling me that 15% is the best they can do.  I've looked into other creative ways to get this done such as partnerships, but I'm just wondering if there is anyway around having to put down 15%?  I have about 20K saved up but don't want to have to use 15K of it for a down payment.  Does anyone have any advice on how I can purchase something as a rental with a low down payment?