Good morning ladies and gentlemen.

I need your advice.

My name is Mory. I am a starter in Real Estate Investment(less than 1 year)compared to the average.

Still, i believe in challenges and it is my utmost conviction that challenges can be the catapult to propel us toward great achievements or hurl us into the abyss of the anonymous. It depends on our own dispositions.

While hunting for deals online,i stumbled upon a great opportunity. The subject property is an estate. The seller's asking price is $1.6 M. Sensing an opportunity,i promptly reached out to the owner. Introduced myself and made clear of my intention. I proposed $1.5M. He agreed. Asking me to write an offer. I called out to my realtor contacts for P&S form that i filled out and scanned. As EDM,i put $100,non refundable.

The seller laughed at my face,claiming that i was no serious and i should stop wasting his time. That appeared strange. 

In his groundbreaking book, "A Fortune At Your Feet",A.D. Kessler,the man credited with coining the term  Creative Real Estate,related how he made $250,000 on his first deal by putting a multi-million dollars commercial property under contract for....$100. True,i make no claim to be an iconic Creative investor of the dimension of a Kessler,but i do get his point:anything is possible if you dare to believe it possible.

My seller,who is honestly,a congenial man,reassured me that he is open to doing business as long i could provide proof of funds. That statement of his reignited the engine of my ambition once again.

I called on many lenders,explaining them the opportunity at hand and how a little flexibility on their part can benefit us all. They all come up with the same answer:run the credit. My credit is bad. That route would put me out of the game altogether.

With this background now set,i mean to ask:if you were in my position,how would you proceed to structure a no-money down in this instance?

Your advice is more than welcomed.

Admirably