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Updated about 1 month ago on . Most recent reply

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Rion Manita
  • Real Estate Broker
  • Boston, MA
11
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Stacking financing strategies /looking for flexible lenders as well

Rion Manita
  • Real Estate Broker
  • Boston, MA
Posted

Hello Biggerpockets

I'm working on some deals where buyers are trying to stack owner financing with a bank or private lender, what are some strategies to get these across the finish line and or some solid lenders that operate in these capacities that are flexible.

thank you

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Erik Estrada
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • Lender
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Erik Estrada
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • Lender
Replied
Quote from @Rion Manita:

Hello Biggerpockets

I'm working on some deals where buyers are trying to stack owner financing with a bank or private lender, what are some strategies to get these across the finish line and or some solid lenders that operate in these capacities that are flexible.

thank you


 There are lenders that allow seller seconds. Where most go wrong is when they try to record the lien without disclosing to the lender. The lender will often call the note due if you try this without them knowing. 

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