Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago, 08/29/2023

User Stats

20
Posts
2
Votes
Corey Shimmel
  • Rental Property Investor
  • Richmond, VA
2
Votes |
20
Posts

Multifamily Seller Finance objective.# creative financing #purchasing multi #help

Corey Shimmel
  • Rental Property Investor
  • Richmond, VA
Posted

Hello everyone, we have been experiencing some difficulties with multifamily seller finance deals. Our approach involves using traditional lending for a large portion of the down payment and incorporating a seller carryback. we are very clear in our LOI, informing the LA, and when we present our POF. However, we have encountered issues with sellers backing out at the last minute due to concerns about being in second position. Can anyone offer any advice on how to address this concern ways around them being in second position or strategies you're using?

Loading replies...