Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago on . Most recent reply

Owner Financing the Down payment
I am in the process of buying a building in Jersey City, NJ. I am not able to come up with the full 30% down payment. But, I can come to the table with 10% of the deal and all closing cost. I would like for the owner to finance the remainder, as they are motivated to sell and I am experienced with building in this area.
I am looking for any suggestions on how I could propose this. Thoughts?
Most Popular Reply

@Michael Brown - Think about setting up a 75/15/10 capital stack. 75% standard financing, 15% seller carry and 10% you. That should be a doable deal for a financing institution depending on the property type and class.