Creative Financing for Purchasing 2 LLCS and 19 Properties

[Brandon Busam]

Hello,

I have found an investor who is willing to sell his portfolio to me.   He has 19 properties (18 single family and 1 multifamily with 3 units) in the state of Ohio.  I currently only have 1 rental and my personal residence now I bought as a fix and hold that I will soon rent out.

This investor is willing to help me get a jump start in my investing career by getting into this deal with no money down on my part.  He is willing to pay the 20% down payment most banks would require, but I doubt a bank is going to want to touch this offer.  He is willing to do seller financing as part of this down payment, but does not want to do seller financing on the lot, he would like a 3rd party to be involved so that he no longer has to deal with his banks or the tenants.  Essentially, I think he is open to any form of creative financing.  He is willing to include the LLCs if it helps or leave out the LLCs if it hurts a deal.

I am looking for ideas as to how I can pull off this type of deal.  The total value of the properties is about 2.5 million.  Any one have experience in this area?  Forgive me if I left off important information.