Should I look into a partner or try Seller financing???

[Juan Aguirre]

Hey fellow Real Estate junkies, Ive been trying to acquire a duplex that would have instant equity and has major potential to become a cash cow. Although my financing has not been the best of situations I am only approved for 250k when the property is 280k. Ive ran into a brick wall, and even though I’ve tried to find a solution I really don’t want to miss out on this deal since its a great opportunity. I’m now seeking the options of either looking for a partner that will bring the money or my last resort will be trying to sale the owner on seller financing. What do you guys think? What should I look for first? The property is a huge 6/4.5 duplex with an unfinished mother in law suite in the backyard. Rents are currently at 1,000 on each side, but can easily be increased to 1400$-1550$, and the mother in law suite can bring 700$-800$.