Seller-Financed 14 unit apartment complex

[Justin Loutfy]

Hope everyone here at a fantastic Turkey day! I was recently handed a wholesale that is a little outside of my lane, and I wanted to see if there was someone who might be able to give me some advice on what would make this a screaming deal. It's a 14 unit apartment complex in Louisville that the sellers want to seller-finance. I haven't done anything in multifamily, so any and all feedback is greatly appreciated.

[Greg Scott]

Before doing anything else, I would decide if the deal makes sense.  If he is asking too much, it doesn't matter if it is seller-financed.  You would need to underwrite it to income, as you would with any commercial property. 

Assuming its a good deal and the seller is flexible on terms, then there should be all kinds of people that would be interested in that sort of deal.