General Contractor · Greenville, PA · Member since 2009 · 50 posts · 0 votes
I'm going to look at a 4 unit building on Wednesday that is for sale with a real estate agent. I have emailed the agent and the sellers are willing to do some type of owner financing. When I buy multi-unit buildings with owner financing I do so with very little or no money down.
My question is how or where does the agent make there money with this deal? Since there will be no money being put down for the sellers to pay the agent there cut.
You will negotiate that will the seller. If the seller is really desperate, they'll pay it out of their pocket. I've had buyers bring significant cash to closing on occassion. If the seller isn't desperate, then you and the seller will simply need to agree on who's paying the agent.