I found two multi family properties that the seller is willing to seller finance the down payment but I can’t find a lender who will allow it. Looking for suggestions on lenders or ways to structure the deal to make this work…
Please let me know if any additional information is needed to make a recommendation. Thanks for the help!
Developer · Philadelphia, PA · Member since 2015 · 2k+ posts · 904 votes
5y
@Matt Maitz depends on how large the property and loan size is.
For larger syndicated deals you can raise the capital needed for the capital stack outside what the lender will fund.
However, lender will want to underwrite anyone with 20% ultimate equity and you need to follow proper SEC laws if you are bringing in passive investors.