Corey Shimmel
Multifamily Seller Finance objective.# creative financing #purchasing multi #help
Hello everyone, we have been experiencing some difficulties with multifamily seller finance deals. Our approach involves using traditional lending for a large portion of the down payment and incorporating a seller car...
Elvis Nasi
Owner finance or not. If owner finance (advice welcome)
I am walking a 4 unit apartment building next week. I can qualify for a bank loan (local CU) with current offerings (15% down; 20y amortization; 6.5% interest). The other option is owner finance (owner is open to it)....
Dallas Rapoport
Financing SFR with Section 8 Tenant - Special Financing Available?
I am considering the purchase of an SFR that is currently leased to a section 8 tenant and was wondering if there were any specific lenders or programs that I should be looking into for financing beyond traditional me...
Wesley Merriweather
PLEASSE HELP...Seller Financing and Tenant Buyer Financing Paperwork...
Hey BP, I have a quick question that I am still a bit stumped about. I am embarking on the Seller/owner financing arena and I am curious to know when I have a house with a Motivated seller that has agreed to seller fi...
Edward Jette
Seller Financing, creative financing, no to low money down
I am currently looking at a four plex. I would like to purchase using Seller financing. The Property is paid off, from the numbers it will cash flow well. Never structured a deal using seller financing not sure how th...
Allan L.
Seller Financing Attorney: Need Help with partial seller finance
Hi, I'm selling my property in Hawaii and have an offer from a nice family but they're pre-approved for 70K less than the selling price. I'd like to counter offer, offering them to finance the 70K they need. It should...
Account Closed
Financing Rental Property, Then Re-Financing to Cash Out?
Do people do this? Seems expensive?Here's my situation:I have about $40K avail cash in the bank. There's a house that I'm interested in that I may be able to get for $80-90K through a relative. Because of my DTI, I w...
Matt Lorey
Multifamily financing in Georgia - how to finance 3 duplexes?
Was wondering how to finance 3 duplexes purchased from the same lender. Is this residential, commercial financing and if commercial, what type of commercial loan?Note that I have <10 properties and the property in...
Luis Alvarez
Buying with owner financing, selling with owner financing Texas
I'm new to doing owner financing deals. I'm having a hard time figuring out what contracts to use when buying with a wrap around mortgage. Besides the purchase and sale agreement what other contracts would I need?
Arthur Leao
Financing second rental
Good evening BP Pros!My wife and I would like to purchase rental #2! However, we need some guidance on how to pay for it. Here's the situation:Rental #1 value = ~$122k (according to zillow estimate)mortgage balance ...