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Updated over 1 year ago on . Most recent reply

James McGovern's profile image
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James McGovern
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
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James McGovern's profile image
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James McGovern
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
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James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
71
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Market Trends & Data

What are ideal scenario for seller financing for multifamily properties

James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
Posted

When it comes to seller finance of a multifamily property, are they typically five year baloon or thirty years. What are the typical interests you have seen?

Hartford, Connecticut
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Samuel Eddinger's profile image
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Samuel Eddinger
  • from Meriden, CT
  • Member since Jul 19, 2018
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Samuel Eddinger
  • from Meriden, CT
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Samuel Eddinger
  • Meriden, CT
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Samuel Eddinger
  • Meriden, CT
Replied

With seller financing it is really based on making it a win for the seller.  I've seen principal only payments, amoritized loans with balloons, etc.  Each seller will want something a little different so be knowledgeable enough to make an offer of what they want that works for you!

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