In this deal we helped the buyer 1031 exchange their duplex for a $1,400,000 property that consisted of 8 apartment units and 38 storage units. The buyer was able to do so while starting with only $10,000.

This deal consists of two cottage style homes located near this cities local hospital. The buyer we were working with runs a mid term rental business and loved this deal but had no cash to purchase it at the time.

This is an off market apartment complex that we structured with a 92% seller carry at 5% interest only for two years and then 6% interest only for the following eight with a ten year balloon.

The buyer brought $40,000 to cover a portion of the sellers equity and then we created a $50,000 note that the buyer pays down monthly. Not only did the buyer get a 2.75% interest rate but they only had to bring around 8% down to close the deal.