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Updated about 6 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
John Taylor
  • Rental Property Investor
  • Metamora, IL
5
Votes |
11
Posts

Financing Needed-Seller Financing a Portion

John Taylor
  • Rental Property Investor
  • Metamora, IL
Posted

Hey BP!  I need some help.  I have been working with a local bank trying to do some creative financing on a 21 unit property.  The problem is that most banks in my area have no idea about creative financing.  I feel like this bank is just stringing me along and I am eventually just going to get the "sorry we can't help you" answer.  The seller is willing to owner finance 20-30% of the deal.  If there are any lenders out there that would like to take a look at the numbers and see if they can help me please send me a message.  I feel if I don't reach out to other options now I am just going to be wasting more time.  Thanks!

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