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Updated over 4 years ago on . Most recent reply

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Seller Financing on a multifamily

Posted

Hello im working on a deal for a 12 unit Multifamily $725000 the seller is willing to carry a note for $150000 what information should I expect to give seller for the seller financing example ssn birthdate a credit report should I expect them to run a credit check any information would be appreciated.

Derrick

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Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
572
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Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
Replied

I've never had a seller ask for anything like that or run a credit report. I've had them Google my name and company plenty of times but that's it. I would absolutely supply any information that they would ask for, but it doesn't seem to happen. 

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