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Updated about 7 years ago,
multi family lot purchase, owner finance
I have found two lots for sale, the owner is open to an offer for seller finance. Im not sure how to structure this offer, ideally i will be building a multi family (duplex) built from shipping containers. The lot is already zoned appropriately, and i am waiting on final designs for the project before i shop for the money for construction costs. There will be no return on this property until post construction, at which point I can refnance out the cash or sale the units. Any advice would be welcomed and much appreciated!