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Updated about 6 years ago on . Most recent reply

User Stats

262
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109
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Jonathan Johnson
  • Rental Property Investor
  • Charleston, WV
109
Votes |
262
Posts

Buying with owner financing for downpayment

Jonathan Johnson
  • Rental Property Investor
  • Charleston, WV
Posted

I am considering an apartment and sfh block for sale that looks favorable and there's a possible owner financing.

Does anyone have experience with lenders that allow the seller to carry the downpayment? For example: BANK FCU lends 85% of the purchase prices and seller carries a note for the 15%?

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