All Forum Posts by: Account Closed

I wondered if anybody could point me in the right direction or provide me with different scenarios. My wife & I are currently renting a house, and the owner is looking to sell. We would ideally love to buy the house from the owner. The catch is that we own our own business and, unfortunately, can not qualify for a 2 million dollar home on paper. The homeowner, I believe, paid all cash and doesn't have a mortgage on the house. If they do, it is for a very small amount. I can afford a substantial amount for the monthly payments on the house. Is there anyone who has any scenarios that I could present to the homeowner to convince them to do seller financing? I want to make the offer attractive and something they would consider. I am really hoping there are some people out there that can help.

New to the game!

I need some help with portfolio lending I currently have somebody who is trying to unload 7 of their properties a mix of duplexes and SFH in NY. (trying to convince him to do seller financing) He is getting out of the game entirely due to health issues.

Would love to talk to somebody about portfolio lending and options.The biggest hurdle I've been having is that I am self employed making it difficult to get any kind of conventional lending.

Any recommendations or go to portfolio lenders in NY would be great!