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Updated about 2 years ago on . Most recent reply

User Stats

74
Posts
10
Votes
Niraj S.
  • Real Estate Agent
  • Cumming, GA
10
Votes |
74
Posts

Buying multiple homes on a single parcel

Niraj S.
  • Real Estate Agent
  • Cumming, GA
Posted

I've come across a property which has been on the market for over a year and now the seller is looking to relocate and wanting to sell ASAP. So as I was digging deeper, I came to found out there are 3 homes on the same parcel and they have to be sold as a package. How do I get funding in this kind of scenario as my guess is traditional lenders would not consider funding this deal? 1 home is owner occupied and the other 2 are vacant and owner is selling them AS IS. Seller is not open to owner financing so that option will not work in this case.

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