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Updated over 6 years ago on . Most recent reply

Colby Fryar's profile image
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Colby Fryar
  • Investor
  • from Tucson, AZ
  • Member since Aug 17, 2017
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Colby Fryar's profile image
Colby Fryar's profile image
Colby Fryar
  • Investor
  • from Tucson, AZ
  • Member since Aug 17, 2017
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Colby Fryar
  • Investor
  • Tucson, AZ
177
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Multi-Family and Apartment Investing

Seller Financing Multi-Family properties

Colby Fryar
  • Investor
  • Tucson, AZ
Posted

I am brand new to multi-family investing and  am currently working with an owner to buy a couple of his properties.  I am interested in Seller financing both of them and I think he is as well.  What are the steps I should take to get the process started?

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Michael Gayer Jr's profile image
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Michael Gayer Jr
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  • from Mililani, HI
  • Member since Nov 6, 2016
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Michael Gayer Jr's profile image
Michael Gayer Jr's profile image
Michael Gayer Jr
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  • from Mililani, HI
  • Member since Nov 6, 2016
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Michael Gayer Jr
  • Inspector
  • Mililani, HI
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Michael Gayer Jr
  • Inspector
  • Mililani, HI
Replied

Look for an Investor-Friendly Real Estate Attorney in the state where the properties are. Work out the terms with the seller and you both can sign a Letter of Intent. Then present the LOI to your Attorney, and the Attorney can draft up the Agreement.

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