Cash-flowing property

[Bryce Robbins]

Hey BP community,

My wife and I came across a property really close by to us that will be a great buy-and-hold investment in Atlanta. It is a two level home that currently has 7 tenants in it and will continue to lease the property out after we leave.

After doing the math, we will be cash flowing ~$1,500 depending on the financing. This is where our question comes in...

We typically don't do buy-and-hold investments but this one is a doozy! It would be our first property that we would own ourselves but we don't want to tie up a lot of cash into as down payment. More importantly, our debt/income ratio would probably be too high to qualify for a standard loan. We have looked into quite a few traditional mortgage options but they usually don't factor in the cash flow every month.

Does anyone happen to have any creative ideas as to how we can get this financed as an investment property?

Thanks!