Hope is a bad strategy.The only on market strategy that I think can work is paying cash/line of credit/hard money for a property that does not qualify for conventional financing.

I was a terrible negotiator, but I figured, anything under or at asking would be sufficient.

I am currently a student with some cash availbe and good credit score but no w2.

I was a terrible negotiator, but I figured, anything under or at asking would be sufficient.

It could be helpful to you (lenders will want to see lease agreements) and it is good for the family member (they actually could do a program where them paying rent increases credit). 

A couple developers we work with skip LIHTC and the tax credits and go the route of impact funds to help alongside other debt and sometimes equity. 

But fly by night note funds coming out of the woodworks to capitalize on this "high" rate environment by creating note investment "funds" that really had terrible ways of raising capital and minute chance by real estate, and promising something egregious like 15-20% +.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.

Down payment amount varies and more you put down the highre you will be in the queue of applicants, also down payment varies per your credit...Dodd Frank IS in play!!