How to purchase a multi family without any money down

[Roy Conney]

I want to purchase a multi family. Seller wants to sell. But I don't have the money for a loan

[Greg Dickerson]

@Roy Conney you need to raise private money or get the owner to finance you.

Owner finance options are: 

You could offer full asking price in exchange for 100% owner financing structured in any way that works for you.

It could be straight payments till paid no interest example would be $500k purchase price and you pay $2500 per month until paid.

You could offer interest only with a 5/7/10 year balloon

30 or 40 year amortized loan etc.

Best way to raise private money is: 

Friends and family for who they might know

Networking REI meetups and Facebook groups

Other investors

Mortgage brokers

Title companies and closing attorneys

Property managers

Google search for local, regional and national PM lenders