@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.

Oregon is a prime region for seller and creative financing on real estate transactions.

The seller is offering seller financing at 2% interest with a 9-year balloon.

One of the key challenges I’m facing is understanding the financing options available to someone without Canadian residency or a local credit history.From my research, it seems that a 35% down payment is often required, with interest rates around 7.5-8.5% for non-residents.

.: Someone asked for more detail on Creative Finance.

Even with the balloon, this is more typical for owner finance. 

That is not something you typically can charge an owner on an owner finance deal. 2.

If you’re offering $450K, then you could offer to take over the $120K payments and seller finance the remaining $330K.

The main condition was I had to have the downpayment (20%) first, close the deal, and then execute the owner financed 2nd mortgage. 

Does anyone know of any banks or lenders that will finance the purchase of commercial real estate notes?