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Updated over 2 years ago on . Most recent reply

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143
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143
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Jamie O'Connell
  • Rental Property Investor
  • Elmira NY
143
Votes |
143
Posts

Question on Seller Financed Down Payment

Jamie O'Connell
  • Rental Property Investor
  • Elmira NY
Posted

Been researching the multiple ways of getting funded and wondered if anyone had any input on Seller Financed Down Payment and what should be known in regards to it.

Is it possible to get a DSCR loan and the seller finance the down payment?

Would most DSCR lenders even allow that?

Say purchase price of $100,000

Seller financed $20,000 down payment

DSCR financed $80,000 loan.

I pay closing cost?

Dont have anything in line for this its just something I saw and was unclear on. 

Thank you!

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