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Updated almost 2 years ago,
Need some creative ideas to buy several properties from one portfolio
I have a seller that is looking to unload a bunch of SFRs and small multi properties from his 200+ door portfolio. My understanding is that he's over-levered himself and needs to lighten his load. Not sure what his current financing status is but he's refinancing into a 12-month bridge loan at about 14% which is scheduled to close soon. Anyone have any suggestions as to how I can best structure a creative deal to take 20+ units off of his hands at once with minimal cash down per property?