New and looking for advice

[Robert Wollert]

Hello BP people!

  This is my first post on this amazing site. I have been reading other postings and decided with 2017 coming up soon, I would like to jump in and ask a question.

  I am new to commercial property investing but have a desire to get in to it. It just makes sense. With 2017 coming up in a few weeks, I want it to be the year I buy my first commercial property, preferably multi family units in the Phoenix metro area. I just turned 25 and I don't have a lot of money but I make that up in determination. With not having a lot of money, I'm looking to creative financing. My question, is it possible to get a loan for a property with out a down payment? The agreed bid price. Or to get a separate loan for the down payment and then include that in to the mortgage. Im looking at 20-30 units as of now, near universities and upcoming areas. 

To elaborate more on this, one property I am looking at is a 23 unit multi family, built in 1962 with a cap rate of 6.12%. The property looks well kept in the photos on Loopnet and is constantly filled with renters. It costs $1,450,000 or about $63,000 per unit. Its a family oriented community and is near 7 higher education schools. The NOI is $88,000/Yr.

  I have watched Peter Harris on YoutTube and read his book and am reading Commercial property for Dummies that he helped coauthor which is one reason why I am excited in investing in Commercial Real Estate. 

Any advice or pointers will be greatly appreciated!