Lender Recommendations/Creative Financing Suggestions

[Darvin Johnson]

Hello Bigger Pockets Fam,

I've recently come across a great deal that may be a little difficult to pull off and was wondering if anyone could provide me with any ideas for creative financing or recommend a lender who may be able to pull it off. 

I've found a duplex (in MI) that is deeded separately but the owner is willing to sell them both to me. Unfortunately he is NOT willing to do a land contract or any other type of short term seller financing options. The total cost is $650k ($360k/$290k). I think each side could appraise for between $360k-$400k and could rent for about $1,500-$1,600 as is but should be able to get $1,900 - $2,200 with a few minor things fixed up. 

My issue is I could come up with 5% down if I did an owner occupied loan but wouldn't have enough for the 20% down payment for the other side. Or I could come up with 20% for one side as an investment property but not have the 20% needed for the other side. I have a family friend member who offered to gift me 5% for one side but with a conventional loan/lender this would still increase my DTI to much for me to be able to purchase the other side as well.

I currently have another property that I am finishing renovations one now and intended to refi once I'm done but I would need that cash from that to assist with this deal and I the seller isn't willing to wait. Any one out there have any suggestions on possible ways that I may be able to pull this thing off? I appreciate any advice, tips, suggestions or any other form of constructive dialog.

Best of luck all and I hope we all have an amazing 2022!