How did you finance this deal?

Our goal is to establish a structure where the property owner can secure financing based on the long-term lease with the operational company.Any advice or insights from those who have navigated similar situations would be greatly appreciated!

We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan. 

The last year we increased 5% points in occupancy.Our Marketing spend:                               2024                         2023SEO                       $18,000                 $21,000  Paying to get our website and location occupancy up as fast as possible from 0% to ??

So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!

It's meant for gap financing, so you can't compare it to a DSCR or some other kind of first position financing.  

People have to remember that the seller finance space fills the gaps that the banks leave behind. 

@Jordan Kaylor   In that case, you would be using what is called "delayed financing" which just means you will be financing the property after you already own it (as long as it done before 6 months after closing) and if there is not current financing on the property.

The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.

We have both been reading and researching as much as possible.