Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Antonio Guillen
  • Stone Mountain, GA
2
Votes |
10
Posts

vendor finance

Antonio Guillen
  • Stone Mountain, GA
Posted

Hi,

A retiring landlord is selling me a portfolio in Atlanta, GA and he is happy to fund part of my downpayment.

Do you guys know how I can go about this? Can you recommend a creative closing attorney in the area?

I would be buying under my LLC but with my personal recouse on the loan. Lender doesn't want a 2nd mortgage in the portfolio. I thought maybe I could borrow the vendors money, secured on my company shares, but I'm inexperience with this type of setups.

please help!

thanks.

Antonio

Loading replies...