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Updated about 6 years ago,

User Stats

17
Posts
1
Votes
George Aplicano
  • Investor
  • Phoenix, AZ
1
Votes |
17
Posts

20 units with Seller financing

George Aplicano
  • Investor
  • Phoenix, AZ
Posted

Hello Everyone, 

I have been doing residential mortgage loans for 20+ year and doing wholeselling strongly for the last 2 years. I just came up on a 20 unit deal. 

5 buildings 

4 units 

2beds 

1bath 

 700 sqft per unit. 

The seller is looking to sell this as a package deal (all buildings at once) and is open to do seller financing. I have some questions on how to structure the deal to sell it.  I have sent the LOI and the seller has given me the terms he wants so how do I close this? I have a couple of buyers interested but may have to have them partner to make the deal work. Also they are residential properties and not commercial. 

Let me know your thoughts. 

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