I would use the sub to as temporary financing.

Interested in LTR’s, Multi-family, hard money lending, creative financing and potential partnerships     🏠 💵 📈

Hello everyone,Complete beginner here trying to figure out ways of financing a rental my family has been looking at.

I recently bought a condo seller financed and used buyers protection home inspection and was happy with them.

I know you don't want to pay the extra 3% commission to a realtor, but they can really save you from investing in a below-quality neighborhood and help reduce your days on the market (saving you with financing costs).

How did you finance this deal?

There are exceptions to this (like Ariel Dunes I or Calypso Towers with very specific lenders), but just be aware of the possible financing requirements when you're considering the condo route.  

I negotiated seller financing for: - Purchase price: $400,000 - Monthly income: $6,000 - Interest rate: 4% The seller requests a $160,000 down payment.

Interested in learning more about multiplex investing and financing options. 

We are trying to get creative with financing as our family cannot really float the monthly payment we were quoted for 6+ months while we renovate the property and prepare to open the business.