Multifamily Deal Financing

[Francesco G.]

Thinking about putting an offer on a multifamily deal without using my own cash.  Would hold and rent the property.  What are some of the financing options I could utilize or is putting 25% down and getting a traditional mortgage my only option?  I currently own another similar property with a mortgage and positive cash flow for the last six years.  Open to any suggestions.

Thanks!

[Darryl Dahlen]

Originally posted by @Pavan Sandhu:

If the property is over 5 units. Why not explore an SBA 504 loan? You can potentially only come in with 10% down if the seller would carry 10%

You cannot use an SBA loan on a multifamily property. They are for O/O properties where the owner will use more than 51% of the gross rentable space.