Are you purchasing an investment property or 2nd home?   

A multi-unit property was purchased for $140k. 

The property is being purchased at 103 with an ARV of 375.

As a foreign investor, I can get financing up to 80% for the purchase of real estate, so the biggest problem for a more serious project is down payment if you have a solution for down payment, please suggest me. 

Purchase price: $380,000 Cash invested: $135,000 Annual rental to be turned into STR when tenant vacates What made you interested in investing in this type of deal?

Purchase price: $90,000 Cash invested: $60,000 Buy and hold that I still have to this date.

Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.

If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.

Quote from @Holly Radice: I am looking into purchasing a 4 unit in Ohio as my first property.

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.