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Updated about 1 year ago,
Seller financing ideas
Hi BP Community,
We recently came across a triplex in San Diego currently listed for over $2M. Debt Service for that loan is about $400K and the seller is in need of paying that balloon loan ASAP.
Any ideas on how to structure a deal to seller finance the property without putting the $400K to settle that loan and helping the seller to solve their issue at the same time?
Thanks