Multi-Family Lender that Accepts Seller Held 2nd

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Multi-Family Lender that Accepts Seller Held 2nd

Cass Lowrie
Investor · Myrtle Beach, SC · Member since 2018 · 20 posts · 4 votes

I just ran across a very sweet deal in my market (Myrtle Beach, SC). The property being sold is actually 3 buildings. 2 are SFR and one is a duplex. The seller is willing to carry some of the financing to lower my down payment.

Can anyone suggest a lender (or two) who allows seller carry-back for this type of purchase? 

Thank you for any advice. I sincerely appreciate it!

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  • Simmy AhluwaliaPro Member
    Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
    5y

    @Cass Lowrie - is this a stabilized purchase or value-add (i.e. needing improvements)?

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  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    5y

    Cass, if you don't mind answering some pre-qualifying questions we may be able to help, we need an email address.  Hope to hear from you.  Thanks again.

    Reggie Truss

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  • Alex Shea
    Lender · Nationwide · Member since 2020 · 64 posts · 18 votes
    5y

    Hi Cass, 

    We have some seller-financing options and also some LTV's up to 85% options that could be helpful. Is this a fix-and-flip purchase or are you looking for permanent financing? Feel free to reach out! (925)222-2016 or [email protected]. Thanks-

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