I had built a new build on Aiken  First modern design on that side of town ;)

What are the ways to reduce putting down payment amount less than 25% for multifamily buildings with 6+ units?

The Seller clearly doesn't need the money immediately or he would have evicted these tenants and replaced them with renters that actually pay rent.I would offer to purchase the building at the listed sales price.

He is also using a HELOC to pay for the turnover costs of losing his long term tenant and making it rent ready.  

My background is in build software, when my last company sold I got into real estate and didn't like the options.I'd love to hear about exactly what you are looking for, even if you don't use our product.DM me here if you are interested.

IMO- Building a relationship and speaking with them.

Hi Corbin,The spreadsheet I have uploaded in the BP file place is our Lite Version which includes the Rehab Analyzer & Estimator tools for analyzing rehab deals & estimating rehab costs.The Basic Version you mentioned adds in Reporting so it basically takes the data you enter into both of those tools and generates a printer friendly Investment Report & Estimate Reports that you can print and give to your business partners or lender.As far as Project Management, there are plenty of general Construction Management software solutions available for managing new home builds, remodeling projects, etc, but often times those tools are specifically built for Contractors that are working with homeowners.  

Start small... maybe the 1-4 unit building, and then look for the next one.  

I went to the building and saw where they can get into the building but not necessarily the vents.

Maybe it is because they are building out the product or maybe it is just lack of actual use in the product.