Seeking Advice for Down Payment Issue on Multifamily Property

[Andrew Jones]

Hi,

I’m currently seeking gap funding options to cover the down payment for purchasing multifamily investment properties in Scott County, Iowa. Our available capital is currently tied up in ongoing projects, but we continue to identify promising deals that we would like to acquire.

If anyone has recommendations for lenders or programs that provide gap financing for down payments, I would greatly appreciate your insights. Additionally, I’m interested in lenders who allow for seller financing arrangements, specifically where the seller carries a second lien to cover the down payment portion.

Thank you in advance for any guidance or referrals.

Sincerely,

Andrew