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Updated over 17 years ago on . Most recent reply

Nick Albin's profile image
Nick Albin's profile image
Nick Albin
  • Member since Jan 30, 2008
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Nick Albin's profile image
Nick Albin's profile image
Nick Albin
  • Member since Jan 30, 2008
Connect
Nick Albin
3
Votes |
117
Posts
Starting Out

Question about carry back financing

Nick Albin
Posted

Just a question I had.

Lets say your find a 100k home. Seller agrees to carry 20k. Do you and the seller agree to the interest rate on that carry back financing? Also when you go to acquire the 80k from a bank, do they have any restrictions on the carry back financing?

Thanks guys.

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