Just curious if there are still any lenders out there (community banks, etc) that permit partial seller financing?  Is this totally a thing of the past?

I have plenty of cash to put down the 25%-30% for several deals of the size I typically invest in (SFR in the $90K-$130K range), but would be interested in a larger deal if it passed underwriting.

A local investor is selling a group of turnkey SFR rentals. If I could purchase say 10 for $100K each ($1M total), putting 15% down and having seller carry 10%-15%, the cash flow would work very nicely. Just not sure if that is something that would ever fly with any banks in the current lending environment.

I'm assuming a conventional mortgage is out... was considering a commercial (blanket/portfolio) loan since I'd be buying a group of SFRs.

Hey @Bryan Reid did you ever close on these deals? Curious to know.

Any update?

@Bryan Reid   Curious to know as well.  Any update Bryan?

@Bryan Reid Any updates on this deal. Did you do a blanket loan for the properties. I know of a company that does 100% CLTV on seller carry back.

Thanks,

Curtis