Funding the rest of my down payment

[Pharoan Johnson]

Hi everyone,

I recently located a 3 unit property in Western MD listed at $100K. It's presently fulled rented and generates $1,800 monthly in gross rental income. The NOI is $1,291 monthly. I'm looking to go view the property this week. I lined up approval for a 1st position mortgage and I also have $12,000 from a 401K that I'll be putting into it. That leaves me $14,000 short of where I need to be to close. Does anyone have any ideas for coming up with $14,000 at 10% interest or less? Or does anyone know of any non-owner occupied 1st mortgages available with less than 20% down? (I found one that only required 15% yesterday, but the fees were cost prohibitive). In this case, seller financing is not an option. Thanks for your input - and if anyone would like to partner up on this, shoot your offer my way.

- P.J.