How should I finance a Four-Plex?

[Bryson Rogan]

Good Morning BP Family,

I decided to take action on a four-plex property here in the Dallas-Fort Worth area without being pre-approved. This is an off market deal, that the owner is asking $500k for. I don’t qualify for that loan amount nor do I have the down payment. I think it’s a great deal that passes the one percent rule and is worth pursuing. One unit has become vacant so I wold be able to House Hack the property. Is there any creative financing strategies I could use in order to get this deal closed? Any help would be greatly appreciated!

[Jenni Utz]

Would the owner be willing to hold the mortgage for you? They could be your bank and agree to terms that work for both of you. 
Or I would suggest finding a partner who has money. They can be your financial component, and you can be the boots on the ground.