Looking for Owner Financed Multi-Family Properties

[James Marszalek]

What's up Bigger Pockets WASHINGTON?! 

Hope you are all having a productive and inspiring week! I'm looking for something pretty specific in Washington right now. Specifically Western Washington. I'm looking for Multi-Family properties where the owner is willing to carry the note. 

The terms are completely negotiable, and it is very unlikely that you will not get the purchase price you're asking for, unless you are grossly over market value. 10%-15% can be put down, the APR can be negotiated by the seller, but the most important aspect are the length of the terms. You must be willing to finance for 10 years or more, with a cash-out balloon at the end of the term. No price cap. Looking for anything $500,000 to $10,000,000+, and anything 4-Plex and above. I'd prefer something that has a cap rate of above 7%. 

If you have something, or know of anything that might be available that fits this criteria, please reach out to me. My contact info is on my profile, or you're welcome to reach out to me through BP Messaging. 

While we're on the topic of sellers, I'm also looking for flip projects in Pierce and King County (Like anyone isn't...). But, I figure I'd at least mention. If you have a lead, feel free to pass it across my desk. I'm happy to look at it.