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Updated about 10 years ago,

User Stats

39
Posts
16
Votes
Jim Wilson
  • Syracuse, NY
16
Votes |
39
Posts

How should I finance this.

Jim Wilson
  • Syracuse, NY
Posted

I am looking to purchase a 2 family house in Syracuse. Getting a mortgage from the bank isn't an option at this time. I asked about seller financing but he is looking to take the proceeds from the sale and buy a house in Florida. He would also have an issue with getting a mortgage because his only income is from rental properties. He isn't completely turned off by seller financing just needs a shorter term than I was looking for. What other creative financing options would there be? We will be meeting up in the next few days to talk some numbers and see what we can do so everyone wins.

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