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Buying & Selling Real Estate

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Derrick Stenson
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seller financing help

Derrick Stenson
Posted Jan 3 2024, 17:52

who is pretty knowledgeable about this topic cause I don't have any money to put down right now so i want to see how i can still get into real estate any help will be appreciated. 

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John Karg
Pro Member
  • Lender
  • West Palm Beach, FL
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John Karg
Pro Member
  • Lender
  • West Palm Beach, FL
Replied Jan 3 2024, 19:27

Hi Derrick, 

Unless the seller is willing to finance the whole sale, it typically isn't possible to combine seller financing with traditional financing to purchase with 0% down, as it goes against lender guidelines. If you are going to be an owner-occupant in the property however, there are 100% financing options with FHA and USDA that you could take advantage of. Feel free to reach out with any questions!

John

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Derrick Stenson
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Derrick Stenson
Replied Jan 4 2024, 18:09

John can you tell me more about the fha and usda options?

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