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Updated over 10 years ago,

User Stats

108
Posts
10
Votes
Ron Steele
  • Birmingham, AL
10
Votes |
108
Posts

Seller Seconds on Commercial Financing

Ron Steele
  • Birmingham, AL
Posted

Are there certain price points that lenders tend to allow seller seconds. Or that investors are more sophisticated and understand seller seconds may be apart of the transaction.

I'm looking at something at around a million... 10%-15% seller and 10%-15% equity and a 75%-80% ltv.

Is this attainable in today's market?

What type of lenders should I be presenting this too?

I've generally stayed with smaller multi family units, but want to look at a bigger building?

Thanks

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