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Updated over 10 years ago on . Most recent reply

User Stats

244
Posts
111
Votes
Pavel Reyes Valdes
  • Real Estate Agent
  • Louisville, KY
111
Votes |
244
Posts

Looking for Multi-Family owners willing to do seller financing in Louisville

Pavel Reyes Valdes
  • Real Estate Agent
  • Louisville, KY
Posted

Hi, 

We are looking for small multi-family properties (2-5 units) in the Louisville, KY area whose owners are willing to seller finance the deals.

Most Popular Reply

Account Closed
  • Specialist
  • Cincinnati, OH
2
Votes |
81
Posts
Account Closed
  • Specialist
  • Cincinnati, OH
Replied

Have you considered an FHA/ Homepath loan?

You have to remain an "owner-occupant" for one year. 

There are also a variety of ways to get cheap money to finance renovations/rehabs of the place is in less than stellar condition.

http://www.amerifirst.com/amerifirst-blog/bid/1042...

Note- FHA loans only apply to residential properties (1-4 units).

Anything over 4 units is considered "commercial" real estate.

Local laws/zoning may vary depending on whether a property is considered "residential" or "commercial".

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