Comer ial loan on an 8 plex

[Breon Fuller]

Hello BP fam. I came across a deal for an 8 plex. They are asking 180k. The owner has owned and self manage for the past 20 years. It is fully occupied with rents at $480 a month. My agent says the rent hasn't gone up in years and could rent for about $525 now. The electricity is individually meter but water is shared. I live out of state and will use a property manager. By my analysis its a good deal on the surface. The problem I'm having is trying to determine how much cash I would need to secure a commercial loan. I only have one rental at this time and 6 months experience. Would a commercial lender disqualify me due to my experience level?