Private Lender and seller finance

[Sami Khondakar]

I'm looking over a deal for $3 million in NY.

It's gonna be a seller finance deal but we need a down payemnt of 300k, 

I was wondering if it's possible to get that 300k or more (probably extra 70-80k for some cosmetic reno) from private money (or hard money if it's long term, 36mo+ ) ?

*Any kind of feedback on how to structure the deal, what type of lender or who to work with or anything is highly appreciated. 

[Chris Seveney]

Quote from @Sami Khondakar:

I'm looking over a deal for $3 million in NY.

It's gonna be a seller finance deal but we need a down payemnt of 300k, 

I was wondering if it's possible to get that 300k or more (probably extra 70-80k for some cosmetic reno) from private money (or hard money if it's long term, 36mo+ ) ?

*Any kind of feedback on how to structure the deal, what type of lender or who to work with or anything is highly appreciated. 

If the property will be owner occupied, finding a private lender or HML will be extremely difficult / near impossible in new york. Your best bet would be friends and family.

If you have $0 to put into the deal, again in NY your chances of finding funding will be similar to hitting the lottery. There are very few lenders today interested in 2nd position liens, especially if the amount financed is 100%