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Updated almost 7 years ago on .

User Stats

287
Posts
144
Votes
Nate Monson
  • Real Estate Agent
  • Albany, NY
144
Votes |
287
Posts

Seller Financing + Bank Loan?

Nate Monson
  • Real Estate Agent
  • Albany, NY
Posted

I came across a triplex today that is selling for $155,000 that has the potential to be seller financed up to $120,000. I'm wondering what other people have done to come up with the other difference (in this case $35,000) if you did not have the cash on hand. Would a bank loan the rest or would you have to go private financing or another route?

Thanks!