No Money Down or OPM for Purchasing Multi-family

[Brittney Wright]

Does anyone have strategy recommendations for purchasing multi-family properties with zero-low downpayments? I have purchased one duplex using my own money and am looking to scale but wanting to leverage OPM or low or zero downpayment funding options. 

[Doug Smith]

Most of the savvy investors we're working with, even through we'll lend more that this, are coming in at 30% to 35% down. When you look at cash flow modeling, borrowing much more than that causes it to be tough to get a positive cash flow. We won't lend without some skin in the game. Over three decades, I've not seen a ton of situations where no money down/100% leverage has worked well.