Seller Financing on a MultiFamily Deal?

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Has anyone reading this put together a multifamily deal with seller financing? For example put down a third of the asking price and they carry the loan? Forgive my lack of technical jargon.

Of course. Its very common, especially for commercial multifamily (5+ Units). If you're asking how to structure such a deal, its important to find out what the seller's needs are. If they don't have an immediate use for the funds from the sale, its often more advantageous for them carry back paper.

-Christopher