Info on seller financing

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Hey everyone. Quick question here. When dealing with a seller financing deal, can you take out a personal loan for a downpayment? Since the owner is technically the bank are there things to be aware of? Thanks!

This can work if the seller is willing to allow it.  Generally, owner financing deals are much more lenient because they don't have to follow Fannie / Freddie guidelines as they won't sell the note.  However, more savvy real estate investors will want you to have skin in the game and the ability to pay the loan back.