Unique Property… How to finance
I have a unique property I am interested in here in my town of Frisco. We are nestled in between 5 ski resorts and a little over an hour to Denver. The property includes 2 lots, one with a SF and one with 6 cabins. There is a lot of potential, but it also is rented under market rents until next summer and needs some love.
The seller has offered seller financing with reasonable terms. The bank wants 30-35% down. Any suggestions for how to BRRR a property like this?