When I first started, this is how I found my first loan, pulled a list of over 100 lenders and went down the list until I found the lender I still use today after 25 calls.

It may just be that the seller wants too much and there is no solution but I was hoping investors with more experience than myself in this area could provide some insight into how they would value this and how much of a hit to cash flow would be acceptable in exchange for future potential.The details:4-unit purpose built building in an average residential areaCap rates for 1-4 unit properties range from 6-10% depending on quality, location, conforming vs non-conforming etc.Asking price $520k, dropped from original $550k and has been on market for a few monthsRents are ~$34,000 and should be ~$48,000Expenses (excluding maintenance) are ~$9,000 - This puts the asking price cap rate at ~4.7% (not including maintenance)- We estimate that at asking price it would be about -$260/month in cash flow and break even at a PP of ~$450k assuming our typical 10% of rent for maintenance- We estimate the building would be worth around $530k at market rentsWe were thinking the cash flow neutral price would be our best offer, but their indication was that they are looking for close to 500k. 

Will you pull a credit report?

John says at that point the neighbor came out and immediately pulled a gun on him.

If it's a roof leak, that's a tough one and there's not likely a quick solution other than getting the city involved or buying the house. 

I have been getting my financial house in order before I can pull the trigger on anything. 

I usually tell my clients to do a pretty mild value add first deal you can then refinance by pulling higher comps and the mild value add to get a HELOC (this is just a line of credit while keeping original mortgage) there is a bank in chicago that does 95 LTV HELOC you then pull from that HELOC for the next deals rehab funds to do a more significant rehab.

Every Trick I could pull out of my hat.

Yes, you heard that correctly.So go get that 20K loan, then once the property is done, refi at 100% LTV to pay off both loans, plus pull whatever cash out you can, and now you have another down payment to house hack the next property.Sounds like you are working with the wrong lenders and talking to the wrong people. 

Hi @Anita AhujaHave you reached out to your realtor for solutions?