Looking For Some Creative Financing Advice

[Darvin Johnson]

I'm looking for some advice on some creative ways to finance the purchase of a multifamily property. I currently have one house under land contract and another with a HELOC. The land contract brings in enough to cover both but are still counting towards my debt to income too much. I've considered offering to reduce the price a bit if the tenant can buy it now but I would like to avoid this if possible. I currently have access to between $40-$50k but also don't want to completely empty my savings and with my primary bank requiring 25% down this really limits my selection of properties.

Can anyone offer any suggestions or tips? I look forward to hearing any suggestions.