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Updated about 4 years ago,
Sellers Assist for Purchase thru LLC
Hello Bigger Pockets,
I am looking at buying two duplexes as a package deal from a single seller. The seller is motivated, and the cash flow prospects are good. However, I am not interested in putting a significant sum down for the down payment.
I am looking for some verification on the dynamics of a seller's assist for a commercial transaction. I know personal home buyers are limited to a 6% assist. Does the same go for commercial?
I would be buying the properties in an LLC and obtaining a commercial mortgage.