Loan for. Multifamily

[Fahima Hilal]

Hello fellow investors, My husband and I are having difficulty finding a decent loan for a multifamily property we are buying even though we are willing to put 50% down, because we dont have enough income to show, on our tax records. We do have some money we inherited, but dont wish to tie up our capital by buying with cash. Here is one ridiculous loan offer we got . This bank wants 50% down, another 250k in deposit with them for the life of the loan as collateral! All this, for a 220k loan! Basically , the bank wants to borrow from us, to lend us money, and then some! Sigh! Any help/ advice would be greatly appreciated. Thank you !