35 units. Portland oregon. Acquisition: ~$6.5M Equity Required: ~$2M Debt Structure: Seller financing + private lender participation (low interest, flexible terms) Value-Add Strategy: Implement RUBS, modest unit upgrades, exterior refresh, and solar integration for expense reduction. Cash-on-Cash: 8-10% annualized • Equity Multiple: ~2.0x over 5 years IRR: 14-16% (conservative underwriting) Looking for 2 million plus closing costs

Location 35-unit multifamily in St. Johns, North Portland, OR Well-maintained, strong rental demand, value-add upside Purchase & Financing Purchase Price: $5.8M Seller Carry: $3.8M @ 5% interest-only, 5–7 yr balloon Private Lender Role (You): $2.0M @ 5% interest-only Sponsor Role (Me): 100% owner/operator, on-site management, deal execution --- Returns (Conservative Projections) Day One (As-Is): NOI: $394,283/yr ($32,857/mo) Payments: Seller $15,833/mo, Lender $8,333/mo Cashflow after debt: ~$4,648/mo Plus mgmt fee: ~$4,041/mo Sponsor Take-Home: ~$8,689/mo Year One (Stabilization): Implement RUBS, parking increases, insurance savings NOI climbs toward ~$420k–$430k DSCR improves to 1.3+ Year Five (Refinance): Stabilized NOI: ~$500,000 Value @ 6% cap: ~$8.3M New loan (75% LTV): ~$6.2M Pay off seller + lender ($5.8M) Sponsor cash-out: ~$400k (tax-free) Post-refi cashflow: ~$12,300/mo --- Roles & Responsibilities Seller: Provides $3.8M financing, collects steady 5% payments, exits at refinance. Lender (You): Contribute $2.0M, receive steady 5% annual return ($100k/yr) secured by real estate, capital repaid in full at refinance. Sponsor (Me): Handle full management, leasing, maintenance, and value-add execution. Build NOI, oversee refinance, and grow equity. --- Exit Strategy Hold 5 years → force appreciation through rent increases & fee income → refinance at $8.3M → pay back seller & lender in full → sponsor retains property long-term with strong cashflow. --- Why it Works Seller gets their price and stable income. Lender earns a clean, secured 5% return. Sponsor builds sweat equity, grows NOI, and positions for long-term ownership. Clear win–win–win alignment.

Any private lenders out there ? What interest rates, and what range of capital is available.? Getting deals lined up but I'll need funding.

Anyone here start from zero experience and now has a multifamily property they got through seller finance doing their strategy? Would love to hear success stories and advice for beginners

Hey everyone! I put together a really simple tool that sifts through MLS listing data and isolates only the multifamily properties AND puts the core financials on a basic 1-pager to underwrite with. If you've been trying to track down multifamily info on Zillow/Redfin/Propstream I'm sure you've noticed they do a crap job sorting anything that isn't your standard single family home. It's nothing complicated since it's just gathering up MLS data and presenting it differently, but I find myself using this shortcut more than logging onto the MLS to find property info. It's totally free for everyone and I'm hosting it on a website I put together. It's only Northwest MLS data so only helpful to people in the Pacific Northwest but if that's you feel free to check it out. www.MultiFamilySpecialist.com is the website. The quick links on the right side of the home page are what I'm talking about here. Hope this is helpful to someone here! Cheers