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Creative Real Estate Financing

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Joseph Newton
  • Real Estate Broker
  • Dallas, TX
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10
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Finding Bank/Credit Unions for Wraparound

Joseph Newton
  • Real Estate Broker
  • Dallas, TX
Posted Aug 7 2020, 13:01

I am wanting to find additional local banks, credit unions, etc that are ok with a wrap-around. I am doing owner financing deals in which an investor qualifies for a commercial loan to purchase the property with around 20% down. Then sells and owner finances the property to a buyer with a wraparound. I am trying to find additional institutions that understand and are ok with this type of transaction. Any suggestions? I am located in Texas. 

Thanks so much!

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