Advice - Funding 1-2 Deals

[William Lunsford]

Hello Everyone,

Ok so I have been reading, listening to tons of podcast and have a solid understanding of analysis on properties and even avenues for types of loans.  My scenario is this and I would like some advice form some more experienced investors:

Situation: Currently moving w/military and working my primary residence purchase in VA. Should close in the next 45 days. I located two properties in my target zone in Houston that meet all of my specs but I am still in the process of saving up for my first deal on a 20% down commercial loan. I will have funds for this by next Spring but these 2 deals are pretty good.

Question: If you were in my situation what options would you explore for funding this? I have considered asking family to help me get my 20% down but don't want to mess up my other loan on my primary residence. I have considered a HML but haven't found any that would do 100% funding or even 95%. Even if I did this my understanding is that I would need at least 12 mo's to season the property to refi. This would actually be beneficial b/c I could save up to my 20% down goal between now and ten. I have considered asking the sellers if they would work but after speaking with the listing agent their goal is to completely liquidate the properties so they can buy their retirement property in central Texas. I do not have a TSP to borrow against. My VA loan will be tied up.

Thoughts?

Thanks in advance!