And is there any path to a lower down payment using creative financing, or is 20% pretty much what it is? 

You can get good deals with seller financing/creative financing in any market essentially.

I understand that navigating the minimum loan amount restrictions can be tricky, but Chase is known to offer financing solutions that could potentially accommodate lower loan amounts, possibly even down to $50k, which might align well with your investment goals and the price range you're interested in.If you haven't already, reaching out to Chase could provide you with some additional flexibility in your property search, allowing you to stay within your desired price range and maximize your monthly cash flow from the investment.

Whether you're a seasoned property investor or just getting started, this comprehensive guide will provide you with the knowledge and tools needed to succeed in the world of property rehabilitation.Financing Your BRRRR Deal:Creative Financing: Gain a comprehensive understanding of alternative financing options, such as private money, hard money loans, and partnerships, to effectively fund your BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deals.

We are not sure the best strategy to go about financing our renovation.

Here are some considerations:Your finances may be strained by negative cash flow, particularly if your monthly mortgage payment is more than your rental income.

How did you finance this deal?

I think you can be fairly confident in the fact that he's not going to get the money from another lender so really the ball is in his court on how he wants to proceed if he wants the financing. 

The NMLS is a red herring.As an example, we are licensed California Finance Lenders (CFLs) and only make business-purpose loans in CA.

How did you finance this deal?