Low money down loan

[Jordan Portillo]

Hey BP, 

   i have an opportunity to buy a multi family complex for 250000. All the numbers work out great the properties value is 400000 with a 57000 dollar annual income. also it is sitting on 12 acres of land with a great potential for growth. the only issue is this is the first property that is being bought through this company and the bank is wanting 25% down in order to get the loan. my question is what has been done by some of the BP investors for obtaining a loan that requires much less upfront or even a loan for the full amount. any suggestions will be appreciated 

[Jay Helms]

if <4 units, you can apply for conventional financing as long as you plan to live in one unit for a certain period of time. 

Another option is to ask the seller to carry back part of the down payment. Typically 10% and all you have to do is come up with 15%. 

Partner with someone who can put up the down payment. 

How did you obtain the properties value of $400k? Is that the tax assessed value?