Single Family vs Multifamily Mortgages - Downpayment Differences

[Dan Lieffort]

I would like to get a deeper understanding on what the best way to finance a multifamily investment property is in the state of FL. My lender is saying 25% down for multifamily and 20% for single family investment properties. I am assuming that if these properties were my primary residence then the down payment could be as low as 10%. 

What's the best way to get financing on an investment property without having to put down 20-25% upfront from the bank?

Also it was suggested that the interest rate would be higher for multifamily, what should I be considering in terms of interest rate/points when determining single family vs multifamily loans?

Thanks,

Dan Lieffort