Need creative financing advice on 10 townhouse deal.

[Tramayne Simmons]

I currently have a deal to purchase portfolio of 10 3 bedroom 2.5 bathroom townhomes for 1.4 million. 9 of the 10 are rented. They were built in 2008. I need advise on how to fund this deal.

[Greg Dickerson]

@Tramayne Simmons

You could ask for Owner financing. Here are some examples of how to structure terms

You could offer full asking price in exchange for 100% owner financing structured in any way that works for you.

It could be straight payments till paid no interest example would be $500k purchase price and you pay $2500 per month until paid.

You could offer interest only with a 5/7/10 year balloon

30 or 40 year amortized loan etc.

@Tramayne Simmonsundefined