Multifamily Building Financing w/ Low(er) Down Payment Options?

[Vasundhara Ranjani]

I'm currently doing some due diligence on a large(r) apartment building that I'm seriously considering buying. The main stumbling block is that my lender for all my other multifamily (most of my buildings are 8 - 22 units) requires 20%+ down payment which has not been a problem thus far but for this deal (~ $4m range), it's a bit steep.

I'm an individual investor and don't have 'partners' to share the risk with.

What are some options out there for financing such a deal with say 10% down?

Thanks in advance.

[Nick B.]

Owner financing could be an option if the seller has no mortgage on that property.