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Updated over 6 years ago,

User Stats

3
Posts
0
Votes
Nick M.
  • Rental Property Investor
  • Los Angeles, CA
0
Votes |
3
Posts

Creative deal structure for mult-family deal b/t family

Nick M.
  • Rental Property Investor
  • Los Angeles, CA
Posted

Looking for creative ways to structure a family sale of 1 four unit and 1 five unit building. 

The seller would like to hold one of the properties with seller financing.

Buyer would like to acquire both properties for a little money down as possible.

Property Details: 

Property 1 : 5 Unit Multifamily

Purchase price: $225,000

Retail value: $250,000

Mortgage: $140,000, held by seller

Property 2: 4 Unit Multifamily

Purchase price: $125,000

Retail value: $145,000

Mortgage: $100,000, held by seller

 Any advice is much appreciated. Thanks!

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