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Updated about 5 years ago on . Most recent reply

Rolando Pena's profile image
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Rolando Pena
  • Member since Nov 17, 2019
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Rolando Pena's profile image
Rolando Pena's profile image
Rolando Pena
  • Member since Nov 17, 2019
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Rolando Pena
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Multi-Family and Apartment Investing

Can you do owner finance if you have a commercial loan?

Rolando Pena
Posted

I have a buyer that wants to purchase my 14 unit apartment complex with owner finance, I currently have a commercial loan on it, so I do not know if that is possible. I currently owe 480k and they offered me 615k with 90,000 down and a 5 year amortization.

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