Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

17
Posts
2
Votes
Derrick Washington
2
Votes |
17
Posts

Seller Financing on a multifamily

Posted

Hello im working on a deal for a 12 unit Multifamily $725000 the seller is willing to carry a note for $150000 what information should I expect to give seller for the seller financing example ssn birthdate a credit report should I expect them to run a credit check any information would be appreciated.

Derrick

Most Popular Reply

User Stats

572
Posts
572
Votes
Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
572
Votes |
572
Posts
Derek Dombeck
  • Real Estate Consultant
  • Wittenberg, WI
Replied

I've never had a seller ask for anything like that or run a credit report. I've had them Google my name and company plenty of times but that's it. I would absolutely supply any information that they would ask for, but it doesn't seem to happen. 

Loading replies...