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Updated over 5 years ago on . Most recent reply
Part Seller Financing
Myself and my partner are currently under LOI for our first self-storage facility.
We have negotiated a 53% owner financing on the deal and I wanted to ask all storage professionals if you have any advice / tips for getting the remaining conventional financing from a bank / lending institution.
This is our first owner financing transaction and we would definitely appreciate any tips / suggestions from a lending side as we have started our due diligence period.
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#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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- Fort Worth, TX
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#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- Fort Worth, TX
@George T. this forum is more for residential lending questions. You can certainly leave this post here if you like but I think you will get significantly more responses in the commercial forum for this type of a question.