Creative Real Estate Financing

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Ryan Davidson
  • Rental Property Investor
  • Brook, IN
12
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69
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USDA loan won’t allow sale

Ryan Davidson
  • Rental Property Investor
  • Brook, IN
Posted Jan 28 2022, 11:32

Hello all! I have found a medium multi family that is off market at this time. Owners are trying to sell but, are telling me USDA won’t allow them to sell. Question is why would USDA not allow a sale? Can they keep you under contract? The property does use subsidize housing assistance. I was told their USDA loan doesn’t mature until 2030 and won’t allow them to sell or pay off early.

I just asked about owner carry (waiting on a reply)

Also, what other creative ideas could I use?

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