I understand if it is the right offer or a cannot pass on deal to be creative to get it done. 

Many investors in your situation also explore seller financing or subject-to deals to minimize upfront costs, especially if they find a seller open to creative terms. 

While most DSCR lenders require 20-25% down, some allow lower down payments under certain conditions:1. 15% Down DSCR Loan✅ Some lenders allow 85% LTV (15% down) with strong DSCR (1.2+), good credit (700+), and reserves✅ Higher interest rate compared to 20% down✅ May require prepayment penalty2. 10% Down DSCR Loan (Rare & More Expensive)✅ Available for experienced investors with strong financials✅ Often requires higher reserves (6-12 months of PITI)✅ Could involve seller concessions or second lien financing3. 0-10% Down with Creative Financing🔹 Seller Carryback: Find a seller willing to carry a second mortgage for part of the down payment🔹 Cross-Collateralization: Use equity in another property instead of cash down🔹 Gap Funding / Private Money: Partner with a PML for the down payment

-Sell the property and move on (but if I sell it, I imagine I need to find a tenant first to maximize the sales price...)Does anyone have any creative ideas of what I should consider doing with this property? 

My goal is to connect with like-minded individuals who are passionate about wholesaling, creative financing, and building wealth through real estate. 

So far, I’ve closed two deals, and both required some creative structuring to make them work.One of the biggest lessons I’ve learned is that real estate isn’t just about buying and selling—it’s about solving problems.

Instead, I’d look for:Lower-priced properties in better cash flow marketsA better rent-to-price ratio (aim for 1% or close to it)Creative financing options—seller financing or an assumable loan with a lower rate could make the numbers workIf your main goal is long-term appreciation, make sure you’re okay covering that monthly loss for years.

You’ll need a real estate attorney experienced in creative financing.Land Trusts for Extra Protection – Many investors in Illinois use a land trust to hold title when doing subject-to deals.

How does refinancing and cash out Refis work with creative finance like subto and seller finance? 

You're buying a primary residence, so most of the typical investment loan/creative financing tricks go out the window.