Seller financing on 3-8 unit Multi-family in Manhattan (Harlem)

I am looking at several multi-family properties that offer seller financing. Question: if seller will carry a 20-30% second will any companies finance to 100% LTV. Have bought many single family but havent bought multi-family. Any advice or things to watch when purchasing something in Harlem area? Any feel for market conditions/rental.
In Buying Property - Asked by jack l. - Sep 21, 2009
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Joshua S.
New York, NY

The answer is NO. Tha banks want to see cash equity in this market. I am very active in financing NYC multifamily. Please give me a call.
Josh Schwab

Oct 16, 2009
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