In this setup, the seller acts as the bank. Instead of getting a lump sum from a lender, you make monthly payments directly to the seller.
: If the seller owns the building "free and clear" (no existing mortgage), they may agree to zero down if you can prove you have the experience to manage and improve the property's value. 2. Master Lease Option (MLO) how to buy an apartment complex with no money down
: You negotiate a purchase price and interest rate with the owner. In this setup, the seller acts as the bank
Buying an apartment complex with no money down is possible through "creative financing," where you leverage the property's value or the owner's needs rather than your own cash. 1. Seller (Owner) Financing In this setup