All Forum Posts by: Todd L.

Thank you @Paul Haviland. I'm not sure I'm following on the disclosure sentence. Does that mean that because it's an agreement between the buyer and seller, it doesn't come into play when requesting the financing? That seller financing would then be secured either with the property in question or another property that has sufficient equity if I understand the other part correctly.

Here are the specifics of the deal. The total sales price is 300k. The seller has offered to carry a note for 75k. I am planning to get financing for the remaining 225k, but know that most lenders do not allow second mortgages. How can I structure the seller aspect so as to not kill the financing aspect of the deal?