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Updated over 10 years ago on . Most recent reply
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vendor finance
Hi,
A retiring landlord is selling me a portfolio in Atlanta, GA and he is happy to fund part of my downpayment.
Do you guys know how I can go about this? Can you recommend a creative closing attorney in the area?
I would be buying under my LLC but with my personal recouse on the loan. Lender doesn't want a 2nd mortgage in the portfolio. I thought maybe I could borrow the vendors money, secured on my company shares, but I'm inexperience with this type of setups.
please help!
thanks.
Antonio