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Updated 5 days ago, 11/17/2024

Lawrence Adair's profile image
Lawrence Adair's profile image
Lawrence Adair
  • Member since Dec 7, 2023
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6
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Lawrence Adair's profile image
Lawrence Adair's profile image
Lawrence Adair
  • Member since Dec 7, 2023
Connect
Lawrence Adair
3
Votes |
6
Posts
Creative Real Estate Financing

Owner finance question for a first time investor.

Lawrence Adair
Posted

Hello everyone!

I am currently trying to get into my first multi-family deal. The seller is willing to owner finance 75% of the loan but wants the other 25% upfront. Of course, he wants me to cover any closing costs. Is it possible to get a traditional loan on the 25% and owner finance the rest? 

All insight is greatly appreciated!

San Antonio, Texas
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