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Multi-Family and Apartment Investing

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Argi Avetisyan
  • Los Angeles, CA
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Seller of an 11 unit portfolio offers to finance 50%

Argi Avetisyan
  • Los Angeles, CA
Posted Jan 15 2021, 19:48

Hey everyone, I have found an 11 unit portfolio in Ohio and the seller is offering to finance 50% of the purchase price (total price is around 400k). I am wondering if any lender would be willing to finance the other 50% of the purchase price. 10 out of 11 units are rented and cash flowing very well! The numbers are really attractive even with both loans. Please let me know how you think I should proceed. Thanks!

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