Multi Family Apartment Financing with seller carry back in NC

[Jason Leaf]

Hello!  Does anyone know of a bank, credit union, etc that will do an 80% loan with a 10% buyer down and 10% seller carry back in North Carolina?  Assuming it will debt service.  5+ unit property.  

Thanks!

[Brian Corbett]

You should be able to find a local bank to your area that would structure it like that on the commercial side.  First position and 20% equity left in the deal would and should be appealing.  Assuming, of course, the rents work for the overall property production.