Financing a Large Multi Family

[Corey Reyment]

We are in talks with a few larger local operators on some multi family portfolios. One of the sellers we estimate his portfolio to be worth around $20 Million. He is willing to carry 20% of the financing. My question, would banks make us still have our own cash in to the deal or is it possible to get the bank to finance the 80% and the seller finance the remaining 20% to have a no money deal? What are some other ways you have financed larger purchases?