Have $250K, how to creatively finance a $2.1M apartment building?

[Lenny B.]

Hello everyone,

There is an MLS listing for $2.1M 20 unit apartment building in California that seems to have all right numbers (back of the envelop analysis at this point). This is a major metropolitan area that has seen a double digits appreciation and rent growth for the past several years. I can come up with $250K for the deal.

What are the creative financing that I could do for this? I bought 4 duplexes in the area over the past few years. Remodeled them and now they generate $500 per door of cash flow. This would be my first apartment building though... 

Would appreciate advice and leads for lenders.

thanks,

Lenny.