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Updated over 11 years ago on . Most recent reply
100% Seller/private money
Hi,
How would I find a lender that allows the seller to carry back for 100% financing?
I am looking for a commercial loan with an amortization schedule.
So far I have only been able to find interest only deals and then a lender where I have to put down 10% + closing.
I was thinking of trying a few credit unions.
Any advice? I am working hard to complete this deal. Ideally the seller would carry 30% and the lender finance 70% on a multifamily deal.
Most Popular Reply
Originally posted by Bill Gulley:
If Ned and I buy a property using Ned's money in an LLC
Ain't going to happen Bill. I have no money - LOL!