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Multi-Family and Apartment Investing

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Nate Bartow
  • canton, OH
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25
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Seller financed down payment

Nate Bartow
  • canton, OH
Posted Apr 4 2015, 12:29
Hi everyone, Anyone know any creative ways to finance if the seller is willing to finance the 20-25% down payment? I'm looking at a deal where Fannie Mae will finance 75% of the deal and the seller is willing to carry a second for the 25% down payment but FM will not allow te seller's second. I was thinking an owner equity deal maybe where the seller "buys" 25% of a new llc and pays the down payment for that percentage of ownership. Any suggestion are appreciated! Thanks

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