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Updated over 8 years ago,
Triplex - owner financing 50% of purchase
Through my direct mail marketing, I found a triplex I want to buy. The owner is willing to finance 50% of the purchase price.
Do I got to my bank and tell them i just need 50% of the price?
Do I offer to get on title using TIC and then refinance or purchase the rest at a later date?
Just trying to think outside of the box and see how I can best leverage 50% owner financing...wish it was 100% but I figured I need to utilize what is offered. Thanks!