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Updated over 5 years ago on . Most recent reply

Clifford Charles's profile image
Clifford Charles's profile image
Clifford Charles
  • Flipper/Rehabber
  • Member since May 12, 2018
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User Stats

13
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1
Votes
Clifford Charles's profile image
Clifford Charles's profile image
Clifford Charles
  • Flipper/Rehabber
  • Member since May 12, 2018
Connect
Clifford Charles
  • Flipper/Rehabber
1
Votes |
13
Posts
Multi-Family and Apartment Investing

Help with doing BRRR with seller financing in place

Clifford Charles
  • Flipper/Rehabber
Posted

Hello BP friends, I have a seller who is open to doing seller financing on the purchase chase price of 3 separate duplex as a portfolio deal. However some of the units need some work. Any suggestion on how I can structure this deal so that I can recoup my downpayment and repair cost (about 160k combined). There will be at least 15 to 20% equity left on each duplex if I was to refinance for the full purchase price and repair cost. But I would like to leave the seller financing in place. Thanks in advance

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