Larger Multifamily is currently a very overcrowded field as there are many multifamily trainers out there teaching armies of people how to buy it, who are all competing for the same deals, and sellers know it.

You might qualify for seller financing 

Bought with seller financing with 3 year balloon.

If you're confident in your UW and the numbers do make sense, I would recommend a seller carry deal.

Negotiate seller concessions, consider affordable markets, and focus on long-term equity growth through appreciation and loan paydown.

The seller was Steve Yoak from Yoak enterprises who bought the house and renovated it. 

Often times when a builder/buyer moves too fast, or is too busy and overlooks a key piece of due diligence, the unethical ones will try the "scorched earth" method and blame everyone but themselves, even when they know it was their own mistake, and they'll see if they can scare you, the seller, the title company et al into paying damages/fixing their problem. 

I have a new-construction SFR property under contract, and the seller disclosed that there had been heavy metal contamination in the soil due to mining activity many years ago.

Be upfront with sellers, buyers, and partners to build trust and avoid disputes down the road.- Focus on Motivated SellersDon’t waste time chasing deals that don’t fit.

He can't loan you any part of the 3.5% down and you can get seller contributions to cover closing costs, etc.Just food for thought...