Down payment question

[Gaurav Raj]

Hi- I am interested in purchasing a multi family in Louisville KY area with a cap rate of 10% and high potential of going up. It's going to cost around 1.2 Mn. I have 10% down and trying to figure out the best way to manage other 10% or get a loan with 10% down (which seems to be almost impossible). I am trying for 10% owner financing but not very optimistic. I have stable job with decent salary and excellent credit. Any advise on how to arrrange other 10%? Thanks for your help!

[Shawn Mcenteer]

If you plan to live in the property you have 10% down options. If not 10% down will be tough/ near impossible using standard lending options.