Financing a property that you cant afford on your own

[Nick Furukawa]

I am new to investing and look to purchase my first property later this year. I am looking to invest in a multifamily property, but I don’t have enough money to put a down payment on a 4-8 unit property. I have been looking into all the different financing options I would have, but being 19 they are very limited. Would finding a partner who is able to fund the down payment and split the equity in the property 50/50 be possible? If so, how would I go about it? Is there a better way to finance this while keeping 100% equity in the property?

[Afam Agbodike]

@Nick Furukawa If you've got good income, but limited savings, I'd suggest going for a smaller property. You can get in as low as 3.5% with an FHA loan, I believe on up to 4 units, but you would have to live in one of the units for at least a year.