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Updated over 8 years ago on . Most recent reply

User Stats

19
Posts
5
Votes
Andrea Mas
  • San Francisco, CA
5
Votes |
19
Posts

GREAT MULTIFAMILY DEAL ***No finance contingency. How to proceed?

Andrea Mas
  • San Francisco, CA
Posted

I have a huge interest in purchasing a prospective multifamily property. The original game plan is to use an FHA loan to finance, live in one unit and rent the others. I have a small amount of liquid assets, hence my strategy. The catch is that the seller has a no finance contingency. How should one proceed? Are there any options for me? Any assistance would be greatly appreciated. Final fun fact, I am a brand new REI, this would be my first purchase...

Thanks for any advice!!

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