89 unit deal financing

[Sean Butterfield]

Haven't posted in a LONG time so bear with me here. My wife and I are trying to purchase our ex-landlords rental properties, which is around 50 SFH, an 18 unit apt bldg., and a 12 unit apt bldg. We need a $1.2 million down payment and frankly we're are unsure of how we're going to get it. Any suggestions on how about getting a down payment this big? We just bought our house in Feb of this year, so equity isn't there. The business is very profitable, so we won't have a problem paying the loan, we're just unsure of a way to come up with this amount of money. On the surface hard money and/or private investors don't seem like a viable option, but am I wrong for not considering private money? We basically don't want to get tied up in a financing deal where the investor(s) get too much of a say in OUR business, or can call on the loan balance prior to the end term of the loan. ANY help and/or guidance would be VERY helpful!! Thanks in advance!!