bank wants 35% down and 65% LTV for my business. How to proceed?

[Lee Cruz]

I just finished talking to the bank. I was planning to use my business to purchase rental properties. I initially thought it would be 20%, but its 35% for businesses. Also its 65% to refinance after 6 months. I was looking at a $170,000 duplex. 35% = $51000 plus $10-20k for closing costs, rehab. So ill be into it for about $70,000. Is the BRRRR strategy still useful? How would you guys go about this situation?