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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Creative Real Estate Financing
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Antonio Guillen's profile image
Antonio Guillen's profile image
Antonio Guillen
  • from Stone Mountain, Georgia
  • Member since Aug 25, 2014
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Antonio Guillen's profile image
Antonio Guillen's profile image
Antonio Guillen
  • from Stone Mountain, Georgia
  • Member since Aug 25, 2014
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Antonio Guillen
  • Stone Mountain, GA
2
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10
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Creative Real Estate Financing

vendor finance

Antonio Guillen
  • Stone Mountain, GA
Posted Oct 15 2014, 01:48

Hi,

A retiring landlord is selling me a portfolio in Atlanta, GA and he is happy to fund part of my downpayment.

Do you guys know how I can go about this? Can you recommend a creative closing attorney in the area?

I would be buying under my LLC but with my personal recouse on the loan. Lender doesn't want a 2nd mortgage in the portfolio. I thought maybe I could borrow the vendors money, secured on my company shares, but I'm inexperience with this type of setups.

please help!

thanks.

Antonio

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