Owner Carry/Financing?

[Emil A.]

I am a young real estate investor thats looking for his first deal.
Although iv tried reading different articles on this topic, i still find it very difficult to understand how owner financing works... i see the term 'own carry mortgage' many times - word around town is that you can get deals with little down payment? then what happens?

If anyone here has this field as a concentration in their investments, i would appreciate some info

thanks