Think about it like this-if it was a good deal and met all the rules of thumb at 3.5% down there’s no way an investor wouldn’t snap it up and make a killing with a conventional investor loan or alternative financing. 

We are just trying to keep talking to other lenders and see if there are other alternatives with low down payment up to 10%. 

I am under contract for a 6 plex (built in the 1920's) in a different city but in the middle of the state as well and I am getting quoted for 5K a year for insurnace.Is this what everyone is experiencing and any alternative ways to get some relief from that premium? 

Does anyone know of any alternatives to Cozy.

There are alternative methods as well to acquire properties such as lease options and seller financing, but I have no experience with those methods.

I also require tenants to direct deposit through payroll deduction or going to my bank and physically depositing rent...no alternatives.

How much are the repairs going to cost and do you have any alternatives?

Maybe the full foundation is most ideal, but I’m not convinced a cheaper alternative I mentioned will be 98% as good.

lease optionAn alternative financing option that allows home buyers to lease a home with an option to buy.

I'm writing today to see if anyone in the space has any alternate ideas for how I could be treating my portfolio.