Seller financing and using a regular mortgage loan together?
Hey guys I was looking into properties which are owned free and clear. I was wondering if I put in an offer and requested seller financing could I use a loan like FHA, Conventional, etc. for a down payment? For example a property is for sale at 200k and I request seller financing offering 200k with a 50k down payment. Could I use a FHA or conventional loan for the down payment? What are the risks for the seller if for any reason the property forecloses? What are possible benefits for the seller? Thank you in advance!