@Ron SharpThere should be lots of threads in the Canadian forums here on BP ... it seems like not a week passes without that very question.Depending upon where you are planning to invest, and what type of asset you are planning to acquire, you may have the option of using a U.S.A. subsidiary of one of the Canadian banks (TD, RBC, BMO) who will lend to you based upon your credit history and income here at home. 

I've contacted a few banks, and they all want 20% down for construction.

Before you do that get a bank to prequalify you so you can refinance asap after purchase.

Up until this point my sweet spot has been 4 unit townhouses that I’ve financed with 20% Down from big banks (Wells Fargo mostly) on average I pay about 200k per property.

I DESIRE TO HAVE CASH IN THE BANK AND INCOME COMING IN EVERY MONTH.

Meaning there is a little more flexibility from a traditional bank.

I went and talked to a bank and they didn't think that they'd have a problem loaning me the money, but I know that the sellers have talked to a few investors who are prequalified.

I am looking to put an offer on a bank owned multi family in NJ.

For example, for renovation expenses,  did partners fund money to a central LLC bank account and make payments like that?

My thought process has been like this so far: First learn learn learn, read books, listen to podcasts, hit up my local REIA (which I just found and just need to attend), network, talk to a bank, etc.