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Updated about 10 years ago on . Most recent reply
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Owner Financing
Hi,
I intend to purchase a multi-family commercial property in the next year or so. I will have some capitol but I would not be able to obtain conventional financing. With owner financing is it feasible to get up to 95% LTV??? For example I'm interested in an apartment building for sale at about $1.8million and have roughly 5% to put down. I'd appreciate some comments
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the best I could get on a 32 unit deal was 70% bank, 20% seller, 10% me.