All Forum Posts by: Kyle Norling

Thanks, Michael. That is my initial thought as well. The best way forward seems to be to contact local banks until I find one that will allow this on the back end. 

Hello.

Has anyone had experience putting the entire 20-25% down for a commercial loan and then doing a seller carry option to recoup some or all of the original down payment?  The bank would stay in 1st position. Is this possible?

 The DCSR is around 1.5 and the monthly cashflow is strong enough cover both the bank note and seller financing payment. I'd appreciate your perspectives and opinions. 

Thank you!

@Eric Smith

Hello Eric. I attended last Fall in Las Vegas. I’d estimate there were 75-100 people in attendance. I’d highly recommend you attend if possible.

@Michael Rutkowski

Thanks Michael! I believe they also have an office in Helena. I appreciate the info.

@Austin Elm

Thank you, Austin. I’ll reach out to him.

I’m in need of a Montana Real Estate Attorney that has a background or experience with Mobile Home Parks. Specifically looking for someone to review contracts and help with eviction paperwork.

If anyone has a recommendation I’d greatly appreciate it. Thank you!