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Updated over 9 years ago on . Most recent reply

User Stats

181
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41
Votes
Austin Faux
  • Real Estate Investor - Internet Marketing Professional
  • Denver, CO
41
Votes |
181
Posts

How to Find Seller Financing to House Hack Multi-Family?

Austin Faux
  • Real Estate Investor - Internet Marketing Professional
  • Denver, CO
Posted

So my wife and I can get a loan and we want to get a multifamily to "house hack" but everything is out of our range.  Our thinking is to find a multifamily around Denver, Co in which the owner would be willing to let us take over their payments/seller finance, but I'm not exactly sure where to look for such folks.  Anyone got any ideas?

Thanks,

Austin-

Most Popular Reply

User Stats

225
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88
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Justin Fernandez
  • Investor
  • Watertown, NY
88
Votes |
225
Posts
Justin Fernandez
  • Investor
  • Watertown, NY
Replied

By using very specific lists. Multifamilies in foreclosures, tired landlords, tax liens by sorting on age of ownership, age of owner and some super networking should do the trick. Really, it's just being very likeable. If the seller doesn't like you, is in a very tight spot,wants to rob you blind, seller financing is one of the dreamer options. Unless you just happen upon someone who understands money and is ok with the time valuation. Well hell, it's doable, unlikely but doable. 

I hope it works out nonetheless. Keep posting here with any questions and I'm sure someone more knowledgeable will answer the specifics. 

Just don't give up!

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