21 Year Old's First Real Estate Deal

[Angel Sledge]

I am trying to purchase my first real estate property with my significant other. I am graduating in May and I will become a financial advisor after passing my certifications. I currently do not have a credit score because my mom refused to allow me to obtain a credit card. However, I have signed a contract with my significant other, who is a Ph.D. student, that allows us to go into real estate deals using his credit as long as I hold up on my side of payments each month. We currently live in West Lafayette, IN. Deals for multi-family properties are not abundant which is why I am so excited about this deal. We want to purchase this property to house hack it for two years then move on to our next house. It is a level, single floor, 4 bedroom condo with HOA fees of $180. We might have to upgrade the kitchen because it looks dated. We are not really sure what financing would best fit with a condo but the best scenario would be a loan that allows us to put less than 20% down. This will be an investment with long-term leases. The owner is asking for $83,500. We are looking to put down at least $5,000, we could do it with cash as well if it helps. We do not know what it currently rents for but apartments in West Lafayette usually go for $700-1000. He has an above-average credit score. The only issue we face is that I do not have a credit history. So my question is what would be the best way to finance this property? Thank you for your help in advance!

Sincerely, 

Future Real Estate Investors