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What banks allow for seconds (seller carry back % of down paymnt) on multi?

Posted by Michael Balducci on May 30, 2013 at 8:32am

An owner offered to hold 15% allowing me to come up with only 10%

assuming a bank loan at  75%, LTV.

however does anyone know any banks
that will allow this on a multi unit deal (over 4 units)

And / or can anyone recommend an aggressive and  creative attorney in the hudson county area.


Bonus question - does anyone know any banks that will lend 80% LTV on a multi (over 4 units)

Any input on this is most appreciated - thanks!

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Tags: back, carry, creative, financing, owner, seller
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