How to get 2nd loan with little money down. Help needed ;)

[Maciej G.]

Hey guys

Last year I purchased my first multifamily building with FHA loan, as I am preparing for my second purchase I am hitting major roadblock from lender side. It turns out nobody wants to give me a loan for less than 20% down for multifamily property investment. I am still new to this but if that is the case how is scaling possible in those circumstances, multifamily homes in Chicago cost +350k, my downpayment for a multifamily would have to be around 100k which is something I wont be able to accumulate for a while.

Is there any way, that you may know about to obtain a loan for less than 10% down? I currently have FHA and moving it to commercial is not possible due to many reasons.

Thank you very much for any kind of help