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Updated almost 2 years ago on . Most recent reply

User Stats

31
Posts
15
Votes
Syman Scarpellino
  • Investor
  • Eureka Ca
15
Votes |
31
Posts

scaling using other peoples money

Syman Scarpellino
  • Investor
  • Eureka Ca
Posted

Hey BP, 

I am a small time investor in northern California. I have 6 properties that are practically leveraged with a total value of 3 million +/-  (10 doors)

I have a opportunity that is outside of my knowledge and comfort zone. 4.5 million dollar large multi family out of state with sellers willing to finance. 

the property pencils, I am curious if there's a creative way to buy this with little to no money down? instead of seller financing the first, is it possible for them to finance the down payment, or at least most of it? 

I've always read about no money out of pocket deals, but in my market the competition usually means sellers arent nearly willing to carry mortgages, unless your willing to over pay anyway. 

  • Syman Scarpellino
  • Loading replies...