The property sale is structured as a seller financed transaction.

First, remember the banks are regulated by the federal government and they are required to underwrite conforming loans and second, bank loans tend to be very structured and are generally inflexible to your project needs.

Seems like an optimal (though expensive and complicated) structure is to put each property in a land trust with an LLC as the beneficiary.

Again, the little 2-3% commission you are paying to the buyer's agent is worth it if you get a good deal and structure better financing.Remember, "you can't teach well something you don't understand yourself," and this fits most realtors in my book!

I have my investors but am looking for any good How To books and articles for setting up the structure.

In my area of Southern CA, realtors only get 3% of the price, as the competitive nature of the business has driven down the commission structure.

You should consider a more structured purchase/installment agreement for longer terms, like a CFD at three to five years.

Besides, we have been remodeling for the past 2 years and only have the loft and a bathroom left which we want to complete before putting it on the market.

I just need to know a few basics before I begin looking for a buyer.Bob [email protected],You have what's called a "mixed use" property, it's even MORE complicated than commercial & up there with the development/subdivision wrap-around mortgages I put together between developers/sellers/backers/& buyers;Have the toughest in the world on my plate right now...mixed Use Horse Barn Construction to Perm w/22oosq.ft of living quarters in the same structure...yes, it was a nightmare.If I can get IT done, Your place will be a walk in the park.1-Know Your buyer/borrower; start off w/a credit report, financial statement, & their business plan, unless they're buying Your going business(?)

The seller was willing to do what ever I asked even allowing me to structure a no money down deal.