I just don't see much of an advantage really in purchasing a multifamily for investment purposes in L.A , especially since appreciation is no longer "guaranteed" .

He and the seller then enter into a standard Purchase and Sale contract.Many sellers will not like having their properties tied up so long with no guarantees.

Invest the difference at a taxable return you should do better than they guarantee or even promise.

Sounds like a minimal deal to me.Instead of one property you are having to look at 4 with different capital expenditures and rent levels.10 or 20% down with owner finance might be appealing with a great cap rate.The seller will need to look at money down versus what it would cost to foreclose and any personal guarantees offered before owner financing.

The American Land Title Association (ALTA) provides the guidelines on title insurance and clsoing proceedures and variance from that will fall on the shoulders of that title company and closer and allowing taxes to go unpaid as of the date of settlement could be acceptable to a lender in say a rehab loan or construction loan, but not in a conventional or government guaranteed loan.

Having said that...if the government is going to stay they could at least get rid of the stupid limits on how many property loans they will guarantee.

Several ways to line up funding.FInance it and sell the note.Kiss the note from the private lender (guarantee it)Put an investor pool together, spread the risk.Find investors who sell their credit to your buyer.Narrow your idea down, be more specific and we can see what we can dream up....

I can’t count the number of people who have told me they want a guaranteed check and that’s why they don’t invest in real estate.

The best offer is not always about price, but about time and the guarantee of closing.

Depends on the type of structure and whether the tenant is a mom and pop or a credit rated tenant.Certain credit tenants will have corporate guarantees and very little failure risk.