solution on how to structure this deal

[Jankely Hidalgo]

Hey to all fellow BP members. I wanted to ask for help in structuring my first deal. I have a deal in Staten island new York. This is for a 2 unit MF property that will need rehab. I wish to purchase this property to use the BRRR Strategy. I spoke to the owner and we agreed on a price of 265k. I have the down payment and have the Rehab money as well. My problem is that my credit is no good and i have the money in cash. Since this is my first deal i am inexperienced with the financing side of investing and don't want this to keep delaying me from starting my journey as an investor. I am reaching out to my bigger pockets fam to see if any one can guide me to the best solution to my obstacle, I am so excited and prepared for this journey and I would not like to loose my opportunity at this deal.

[John Spina jr]

Do you plan on living in the property? You might have a better chance getting financing even if your credit is not the best if its an owner occupied property.