Creative Financing options

[Bryan Wilson]

Hi everyone,

Here's what's up:  I currently own two properties, both which have businesses running out of them and one rental suite all totalled bringing in $13,000 gross/mo. I am recently approved by my bank for $450K mortgage to buy a new property, but they are requiring 35% down payment, which would mean selling one property. I have a down payment up to $90K but don't want to use all of it, and don't want to sell a property (as I am looking to increase). The property I am looking at buying is a multi-family 4-plex (brings in $3250/mo approx.)

My question is, what is the best (or most creative way) to keep my two current properties, while lowering my down payment for a third property, and avoid the bank (or at least the 35%)? I am having trouble sourcing a decent private investment option. Any advice would be much appreciated! Thank you in advance! 

Sincerely,

Bryan W