Finding financing solutions to avoid 20% down payment

[Connor Mather]

Hi Everyone,

I am looking for ideas/ways I can continue the momentum I have to continue to grow my RE portfolio. 

About me: I am a ICU nurse in CA. I own two townhomes in NC and want to continue to grow there, I have a 775 credit score, and a strong DTI for properties under 500k. The main issue I am having are that I don't want to be putting 20-25% down on of my own money for each deal. The two properties I currently have I house hacked, and therefore don't have enough equity to utilize in them yet (less than 10% of current market value) for each of them. My preferred strategy is buy and hold, and I am willing and able to put money down on each deal but 20% kills scalability. I am looking for a lender to factor in my background, experience (not much but I am cash flowing over 50% more than what those unit would rent for on average because I rent room to room), and extremely stable job to build a relationship with as I grow my portfolio (hopefully into multifamily in 2021).

Do any members have any financing ideas that have worked for them in the past when they were starting out for buy and hold RE. I am going to attempt a BRRRR using hard/private money to conventional financing but wanted to see what other options I had for turn key properties, fixer uppers, multifamily, and vacation homes.

Thank you

-Connor Mather