2013 - Smaller Downpayment on Investment Properties?

[Mehran K.]

Hi all, I was wondering if lenders have been relaxing their down payment requirements for residential multifamily properties.
I saw this company First Commerce Financial has a 15% DP program (I'm pretty sure you end up with a higher rate/fees though)
What is the industry standard now? Still 25%?

Any info would be helpful. I'm working on my first deal. I have $30k cash and want to weigh out whats available to me, financing wise. My credit is 760+ and I have 1 year rental income on my tax returns(via renting out my spare rooms in my home)

[George Paiva]

When I did my commercial loan in 2012 they didn't want more than 40 DTI or Less than 1.2 DCR on property. In the end it came down to the appraisal.

I never had any banks that I dealt with ask for 2 years of rental income. I deal with small regional in the area the property is being bought.