I'm tired of the little deals

[Jonathan Polanski]

I want to purchase a building anywhere as long as it's not in a D class neighborhood, or some place expensive like NYC or California. I'm tired of fighting with these investors with these crazy bidding wars in my area. I hear of people doing owner financing on buildings with only 10% down, that's a dream deal to me. I'd like to get in bigger deals like that I'm willing to go 10% on a 1.5 million dollar deal. Where can I shop around for multi-unit buildings, with owners who are willing to act as the bank, or I'll just have to shop around and bring the idea of owner financing to the owner's attention? 

[Aaron K.]

Shop around and/or ask the seller.  Loopnet is a great resource, and you can also search for terms in the public remarks of a listing like owner financing or owner may carry.  Even though some owner financing is available it will generally be more expensive and shorter term than a bank would offer.