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.
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 how to buy an apartment complex with no money down
: 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) In this setup, the seller acts as the bank