How did you finance this deal?

First place guy fell through, due to financing, in November and we took first position.

Regarding finance, strategies such as seller finance, sub 2, and no money down are far and few between.

Here are some considerations:Higher Initial Investment: Multi-family properties are generally more expensive than single-family homes, requiring a higher down payment and potentially higher financing costs.Management Complexity: Managing multiple tenants, leases, and potential tenant issues can be more complex and time-consuming.Local Market Demand: The demand for multi-family units can vary significantly by location, potentially affecting rental income and property value.If you are more interested in Class A or B properties and have a less cash flow-dependent plan, residential properties can be a simpler place to start.

I am thinking about making an offer of about 70,000 with a contingency of owner finance for the first 18 months with a balloon for refinancing later.

Given your circumstances, the following advice and considerations apply:Benefit from low interest rates, no down payment required in most situations, and financing for up to four units when you take advantage of the VA loan.A thorough grasp of your budget should include the purchase price of the property as well as any possible maintenance expenses and other related expenses.

I would look Into creative financing or DSCR loan.

Looking for a good CPA in Texas who specializes in real estate investing in general and owner financing/wrap notes in particular 

How did you finance this deal?

Either way we would look to seller finance the back end & sell the notes.