Looking for advice on purchase strategy

[Chris Schuler]

I'm looking to pick up a multifamily property off-market, but have recently used a lot of my available capital improving another property prior to a refinance.  Although my debt to income is excellent, and the requisite loan value would be within my means (have plenty of W2 income to support a second personal mortgage,) I have put myself in a position where I don't have the purchasing power to put 20% down.

Property 1: cash flowing, fully improved condo in class A, 68% LTV

Prospective MFH: 4plex off-market with existing property management in place, good cash flow even with PM

Should I look at gift in kind from family? I have friends and family that will provide capital, but I'd rather not involve OPM if I can avoid it.

I can liquidate my Roth if necessary, but I'd prefer not to do that.  I can pull cash advances off credit cards for 12mo no interest, but obviously that option sucks.  I almost wish I had done a cash-out refi, but property 1 is in a great area with good shot term and long term financial outlook.

Maybe it's pride or just being stubborn, but the 4plex will still cash flow very well at the purchase price even with 100% financing (including capex, insurance, taxes, maintenance, PMI, margin of error, etc.)

[Christopher Blanco]

@Chris Schuler, I understand, but what you can do with the SDIRA is amazing. PM me if you want to talk further.