Can turnkey companies offer seller financing?

Can turnkey companies offer seller financing?

Toronto, Ontario · Member since 2015 · 41 posts · 9 votes

Hello,

I am wondering if Turnkey companies offer seller financing? 

The other ways I think one could purchase from a turnkey company would be cash, borrowing from a private lender/hard lender or with a mortgage. 

Is there any other ways one could purchase a property from a turnkey company?

Thank you very much.

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
8y

they can but it has not been necessary for many years.

HML is not a long term lender.

there are lenders that will lend to foreiengers rates are usually higher though

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  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    they can but it has not been necessary for many years.

    HML is not a long term lender.

    there are lenders that will lend to foreiengers rates are usually higher though

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    8y
    Originally posted by @Krishna D.:

    Hello,

    I am wondering if Turnkey companies offer seller financing? 

    The other ways I think one could purchase from a turnkey company would be cash, borrowing from a private lender/hard lender or with a mortgage. 

    Is there any other ways one could purchase a property from a turnkey company?

    Thank you very much.

    Traditional 30 year financing is the best route. However you being from Canada that option likely isn't there for you. My recommendation is to save up until you have enough cash. No reason to do a HML. The costs for the money will negate any need to act now for a killer deal or anything of that sort.

  • Equity Raiser and Turnkey Provider · Cleveland, OH · Member since 2016 · 4k+ posts · 1k+ votes
    8y
    Originally posted by @Krishna D.:

    Hello,

    I am wondering if Turnkey companies offer seller financing? 

    The other ways I think one could purchase from a turnkey company would be cash, borrowing from a private lender/hard lender or with a mortgage. 

    Is there any other ways one could purchase a property from a turnkey company?

    Thank you very much.

     Be careful. Owner Financing is not always the best way to go. Good luck!

  • Toronto, Ontario · Member since 2015 · 41 posts · 9 votes
    8y

    @Jay Hinrichs , @James Wise , @Tom Ott

    Thank you very much for your feedbacks.

    Dfntly helps me to understand my options.


    Thanks again.

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