Updated about 18 years ago on . Most recent reply

Seller Carry back
I have a question to give myself clarity:
I want to buy a 350k apartment complex. I don't have my business line of credit yet. Property already has good cash flow.
If the seller agrees to a carry back 50k, how does this affect my ability to acquire a commercial loan? Is this viewed as a 'down payment'? I'm assuming its also viewed by the bank as a property at 100% CLTV.