Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

60
Posts
15
Votes
Darsh Patel
Pro Member
  • Boston, MA
15
Votes |
60
Posts

How to pay off balloon payment - Any ideas?

Darsh Patel
Pro Member
  • Boston, MA
Posted

Hi Everyone! 


I have come across a pretty exciting real estate deal and have worked out terms for seller financing on it. I only have to put 5% down on a portfolio of 11 SFH which is exciting because I could almost double my portfolio in a single deal and barely put any money into the deal. The seller has agreed to my seller financing terms but wants a balloon payment in 3 years. This is where I am worried...

I would need to come up with a $400K balloon payment in 3 years and I have no idea how I would do that. Does anyone have any ideas or suggestions on how I would be able to get the money to pay off the portfolio in the next 3 years? 

I really appreciate any and all feedback. 

Regards,

Darsh

  • Darsh Patel
  • Loading replies...