I found a great deal in my area to purchase a 3-flat unit. The property is currently fully-occupied with long term tenants. I ran the numbers and if purchased the property I could instantly obtain roughly $1,000 in immediate mthly cash flow.

I’m wondering if there is a way I can purchase this property creatively, potentially with little to no money down.

Is this unrealistic or is it possible to do? Open to suggestions.

@Shakira Patterson There are plenty of ways to creatively finance a property, although many of the low down payment options such as FHA 3.5% of 5% conventional are owner-occupant loans. This means you would need a vacant unit and live in the property for the first year. If the property is fully occupied and you can't get a vacant unit you will need traditional 20% or more down to purchase, may want to ask around if anyone would want to partner with you.

@Jonathan Burmenko

Hi Jonathan, Thank you!

I appreciate that.