First time multi family rental buyer looking for financing idea

[Clarens D. Philippe]

Hi - 

Hope all is well with everyone! I’m am a first time home buyer. Under contract looking to purchase a multi family rental in upstate NY. I can’t house hack and make it a owner occupied rental so all my options are looking like 20-25% down. Was curious if anyone knew alternative financing methods that I could put down 15%. Think it’s a great opportunity and trying to expo more all avenues available. Thank you in advance! 

[Benjamin Aaker]

You could ask the seller to finance a portion of the deal. Just enough to get you to 15% in. Multifamily sellers are more experienced and likely to offer seller financing.