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Updated over 3 years ago,
Seller financing for downpayment
Hi BP family -
I need some idea on financing structure. I found a Class A 4 plex in TX. Asking 2.1M. and seller is willing to finance up to 500K. I am wondering if any lenders can do 75% finance, I put 5-10% down and remainings by sellers finance. I know this was doable back to years ago, but not sure if any lenders are willing to do so in current market. Any suggestions?