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Updated over 15 years ago,

User Stats

48
Posts
11
Votes
R Sean
  • Houston, TX
11
Votes |
48
Posts

Owner Financing--helping to 100% LTV

R Sean
  • Houston, TX
Posted

Setting aside the inherent risk of high leverage, here is my story:

I have a situation where an outright owner is willing to do 80% financing; however I don't have enough capital to bridge the gap :cry:

Is there any way to convert his offer of 80% owner finance to loaning 25% of the purchase price as a second and getting "convential" financing for 75%?

If so, does the lender look at seasoned funds for commercial transactions, etc?

Assuming the economics work at the debt load, what other questions related to this financing arrangement should I be asking?

Just trying to figure a way to use his willingness to bridge a capital gap.

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