Multifamily property with creative financing

[Tyler Smerz]

Hey everyone, 

I am a college student who's 21, heading into my Senior year at GCU with my RE license in Arizona and Nevada. I know the conventional wisdom is to house-hack and I would like to do that after I graduate. However I would like to think bigger and buy multifamily creatively with seller financing, just unsure how I would find the downpayment required, and how it would be structured. 

Happy to hear any advice you may have to offer. 

Thanks!

[Matt Greer]

I have a friend who bought a multifamily in Phoenix with zero down and the seller carried. I think it's more an issue of finding the right seller. I try and have a few different ways I'd like to do a deal and then once deals pops up that fits my strategy I go for it, but if they don't I'll do a conventional sale or wholesale. The issue with seller carryback is most sellers don't know about it or they want a lump sum payment so it turns into a numbers game of how many you can find and pitch your offer to. Sounds like a good plan you have. I'd focus more on just creating deals you can sell off until the right one prepares itself then just go for it. As an agent you're already in an advantageous position.