You'll still have to personally cosign for the loan, but it will free up your 10 FNMA loans again.Conversely, you could go with an online commerical lender like CIVIC that will lend on a 1-4 family property with no income verification.

My long term goal is actually in commerical real estate I guess.

I am considering to invest in a commerical property with great cashflow but do not have enough for down payment (100k).

I understand that the question was about a conventional loan, however, ultimately I percieve that he wants to just be able to buy property, and can do so using a commerical loan.   

Case in point- my first mentor was a 70+ year old broker/investor….I literally found an ad in the Washington Post advertising his Commerical real estate consulting services for $60/hour.

It would have to be "commerical property" where you can take advantage of a cost segregation study.

In the commerical world, owners often pay the full leasing fee of a 3 or 5 year cotnract upfront.In the small residential world, many owners have little to no clue what they are doing when they select a Property Managment Company. 

Ever see a Geico Commerical?

I work for a commerical/industrial developer/GC, very different market form the homebuilder/203k remodeler.  203K contractors are hard to find so I through out the few I knew to help in the search.

LoopNet - i know is probably old news, but I like the commerically oriented filter features to search for multi-unit criteria anywhere across the country.