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Updated about 7 years ago on . Most recent reply

User Stats

14
Posts
2
Votes
Brandon Rainwater
  • Real Estate Agent
  • Valparaiso, IN
2
Votes |
14
Posts

Funds not available for 7 weeks

Brandon Rainwater
  • Real Estate Agent
  • Valparaiso, IN
Posted

Good Morning BP friends. Heres my dilemma. There is a multi family property on the MLS that I am sweet on. I have analyzed it over and over and to me it could be a good deal that cash flows well, if bought at the right price. The problem is I won't have the funds to secure traditional financing for another 7 weeks. It has been on the market for 144 days as of me writing this. The current owners do own it outright and would be interested in seller financing, however, I still don't have the capitol for a down payment. I don't want to hold out and see if it will still be available. I'd love any feedback or ideas you super smart people have. Thanks in advance!

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