Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 4 years ago on .

User Stats

23
Posts
20
Votes
Mark Edler
  • Accountant
  • Philadelphia, PA
20
Votes |
23
Posts

Sellers Assist for Purchase thru LLC

Mark Edler
  • Accountant
  • Philadelphia, PA
Posted

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.