OFF MARKET DEAL HELP

2 Replies

I won't be inputting the ROI numbers on this post but I have a lead for an off-market deal. I was offered 2, four-plexes as a package deal, for 385k. If I were to buy these as a package deal, would I need to use a commercial loan? Would it be better to ask if they could be sold separately so that I could purchase them using residential loans instead (only way I could afford them without bringing in a partner)?

@Diego Lopez absolutely you can do that. If I was the seller I could care less to be honest but that seller may want to put in a contract that the properties must close back to back or the deal is void. This way they get assured the deals are closing and you can be more creative on the financing you acquire.