Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Sarah Lockley
1
Votes |
5
Posts

Off Market 4Plex - San Antonio, Texas - Financing Question

Sarah Lockley
Posted

Hi everyone! I have the option to buy an off market 4-plex (technically - 4 townhouses). The BPO came back and the seller is willing to sell it to me at that price, with no mark up. All units are filled with reliable tenants who have a great rental history of on time payments.The only issue here is financing. If the seller sold me two of the 4, I could do it on my own, the problem is, all 4 of the townhomes are under one mortgage, and I'm not sure the seller wants to separate the places, especially since there will be a bidding war for these properties if it hits the market. Due to our past professional relationship, he is willing to sell to me before marketing it. I'm wondering how people go about finding financing/partnerships for investments such as this. I would love to help someone with whatever they are working on - I take professional photos, can do your administrative work, or just help with scheduling or manual labor, in exchange to pick someone's brain and learn how I could make these properties a reality. Thanks in advance!

Loading replies...