Duplex Deal, lack of capital

[Junior Salters]

Hey guys,

I have an out of town investor wanting to get rid of a duplex in Spartanburg. He's selling for 98,900 but is willing to take $95,000 and both sides are rented for $700/unit and in a good area of town. After subtracting 10% for cap ex, 10% maintenance, taxes and insurance, cashflow is around $359. A 20% down payment is $19,000 of which I have $6,000. I don't want to have to keep passing on deals due to capital (even though I'm understanding if I do), but there have to be some creative ways whether that be HML or what. Just looking for some ideas on how to make this deal happen even if a partner comes in and take a little bit more cashflow than myself. Just really wanting to get this first deal done. Any ideas or thoughts would be greatly appreciated!!

Thanks!

[Eric James]

In your shoes I would forget about deals for the time being. I'd look for ways to reduce my personal expenses as much as possible to save capital for investing. But that's just me.