Large Commercial Mortgage with No Seller Capital Required in Main

[Sarah Msuya]

Hello everyone, 

I have a large portfolio deal that I working through. The lender I am using for another property said its required to have 10% of seller funds in the deal. I would love to have less than that and use more of a seller carry. I have called a few local banks, gotten one that said they require 20% and waiting for call backs on the rest of them. Is there another way I should go about this? I've heard on podcasts of people getting into large deals like this using 80% bank money and 20% seller carry. 

The portfolio is in Lewiston Maine - TIA!

[Bethany Turon]

There are some lenders in the area that will allow owner finance of the down payment portion.  Please feel free to connect and I will get you some contact info.