Here in the Myrtle Beach area there are plenty of deals that will cash flow with a 25% down payment.

I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for al...

The institutional firms that do this type of lending (we deal with them every day) have to "securitize" the loans...meaning have their hedge fund/Wall Street backer bless the deal.

-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.

Does the 20% down apply to a deal like this?

Hey Daniel, I got a good title company that pretty much only deals with investors and they have been doing a great job and always available to answer the phone and help out! 

What made you interested in investing in this type of deal?

Ok ok thank you so much I will have to look into this a great deal more.

What are your next deal options?

In general, parking is one of those things that is not exactly fun to deal with, but it makes a ton of money.