20% Down, instead of 25% on First Investment Property?

[Michael Keane]

Hello BP Community:

I am in contract on my first investment property -- a duplex. I understand that many lenders want 25% down on multi-families for first-time investors. 

Any suggestions on how to negotiate with lenders on a 20% down payment, instead of 25%?

Thanks! 

[Tarik Turner]

There are lenders who can go up to 80% LTV on purchases, however do not expect conventional rates