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Updated about 5 years ago,

User Stats

40
Posts
17
Votes
George T.
  • Rental Property Investor
  • Amherst, NY
17
Votes |
40
Posts

Seller financing on a commercial transaction

George T.
  • Rental Property Investor
  • Amherst, NY
Posted

Myself and my partner are currently under LOI for our first self-storage facility.

We have negotiated a 53% owner financing on the deal and I wanted to ask all storage professionals if you have any advice / tips for getting the remaining conventional financing from a bank / lending institution.

This is our first owner financing transaction and we would definitely appreciate any tips / suggestions from a lending side as we have started our due diligence period.

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