Financing

[Craig B.]

I currently own 6 sfr, and would like to buy ten more, but only have enough cash to put 20% down on two. I have a great relationship with my credit union who has financed my other properties, but am looking for ideas on how to structure future loans to conserve cash. For example, I am looking at a sfr priced at 65k that needs 35k to make it worth 130k. My current lender will lend 80k with me putting up 20k, which would be great if I was flipping it, but I want to keep as a long term rental. My current lender won't finance 80% of the final as finished value. Any suggestions?

Thanks,

Craig