Seeking a loan for multi-family in Lynchburg, VA

[Michael Iacono]

I am a new investor living in California and looking to invest in small multi-family properties in Lynchburg, VA. I have identified a few properties and am looking for the best way for me to be able to leverage my current capital in. I have had the same very good salary job for the past 5 years, have seasoned money in the bank, little to no debt, and have a FICO score in the mid 700s. Traditional loans on multi-family requiring 20-25% would lock up too much of my money in a market which historically doesn't appreciate a great deal, but do see great opportunity for steady cash flow in. I have contacted a local lender in Lynchburg that referred me to their portfolio loan program which is a 15% ARM, that's more appealing but I'm curious to see what other opportunities are out there. Anyone help I could get from this community would be very much appreciated. I have heard about credit unions and portfolio loans possibly being the answer to my problem but need some guidance finding the right one. Thank you all.