How long will you have to carry the debt before you have enough homes paying lot rent to cover a 400K loan.

Fake financing is allowing you to pay in installments but entirely by the delivery of the property as opposed to paying 100% at the signing of the contract!

Quick question...I am Ohio and connecting with private lenders to assist me in funding my next deal.If the purchase and transaction is with a real estate agent and you have a private lender for your loan, is that considered a "cash" purchase in terms of the real estate contract and telling the seller, or is that still considered financing?  

Cash flow before taxes" = NOI – Debt service – Capital expenses + Loan additions

The property I've set my sights on is a 9-plex where the owners are willing to carry 70% of the loan at a 5.5% rate for a $1,800,000 building.

Hard money lenders specialize in providing short-term loans for real estate investments, typically with higher interest rates and shorter repayment terms than traditional mortgages.

The IRS also allows deductions from interest paid on student loans, business interest, and personal interest, and qualified residence indebtedness.

If your plan is to sell/refi before the loan hits it's adjustment period, this seems like a no brainer (assuming there are no pre payment penalties). 

It was a huge selling point as there are a lot of folks that want a shop, or need a storage unit for their stuff and the cost is at least as much per month.I have a 7.5% interest rate loan on the rental.

@Gavin JexSo you want a bank loan and then seller finance as wellA bank would not be in second position so they as the owner / lender would be in second.Also 0% they would still be responsible for taxes on that at AFR so if your payment is $300/mo the loan would go off federal rates so they would essentially have to claim around $5k in interest income which would be ordinary income so they may end up paying all of your payment in taxes… just fyi if they did speak with someone on thisSounds like a steal if deal for you