Try to find very MOTIVATED Private Sellers of multifamily property if you have no credit or money. If the property is need of some simple cosmetic repair ,you can do barter your creativity in exchange for money. Get this in contract form of which you and the seller agree upon. This might not be feasible,however,your services such as these are worth money,possibly as the initial down payment on the property. Then approach the seller, with Seller financing. You have shown the seller,that you are serious about buying the property. If this is not the case,then TEAM with other investors who can offer or help bring in some capital towards the property.
Oct 12, 2011