Updated over 6 years ago on . Most recent reply
Double closing and a mortgage
I have a multi family contract with a potential buyer looking to purchase the property with financing.
its a bigger property with bigger numbers and an assignment contract is not the way I want to go.
is it possible to double close with a mortgage and if not what different alternatives I have for restructuring the deal?
anyone has experience with this situation ? anything I need to know before I sign a contract?
it worth mentioning that my contract with the seller doesn't dictates in words my method of payment and the property has more than 4 units so its probably gonna be a commercial loan
Bigger pockets do your magic !