Is there a way to get a down payment without using my own money?

[James Marsh]

I'm trying to get a down payment of roughly $20,000-$30,000 to buy a seller finance property mostly because I want to see if it's possible. Does anyone know of any banks or individuals that offer slightly higher interest rate loans for small amounts like that? 

[Randy Rodenhouse]

First I want to mention that I have purchased many houses with seller financing and most of the time I don't put much downpayment. Usually it is a person that has some motivation and I am offering a fair price. With that being said, I would try to get friend and family money initially for such deals. Most lenders will lend but in 1st position. If you give the seller a first lien then the private lender will be in second position. Or you can get a LOC off another property you own (if you have one) or use a credit card cash advance as downpayment (be careful with this and be super disciplined).