Advice needed ASAP. (please and thank you :)
My wife and I have an opportunity to purchase 3 multifamily homes from an individual seller. Each building has apx 5-6 units. Is there a way we can do this with no $$ down? Can the seller use equity in the properties as the downpayment? The other problem we are having is that we can not find a lender who is willing to consider rents as income and obviously our earned income is not enough to cover all of the mortgages. Can anybody give us any advice on this?
Thanks!