Acquiring first apartment building

[Marco Campos]

Can anyone shed some light into seller carry back experiences. I've seen the guidelines of some capital firms that have LTV at 75% w/15% seller carry possibility allowing an investor to bring only 10% down. This makes me think that I can do creative financing in this manner to leverage a $300K down payment to secure a $3M apartment building.

Can someone share experiences in regards to what banks are looking for beyond a profitable apartment building? for example, resumes, cash available, credit, etc...