Finding Bank/Credit Unions for Wraparound
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!