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Updated almost 16 years ago,

Jared Johnson's profile image
Jared Johnson's profile image
Jared Johnson
  • Real Estate Investor
  • from Philadelphia, Pennsylvania
  • Member since Nov 1, 2008
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Jared Johnson's profile image
Jared Johnson's profile image
Jared Johnson
  • Real Estate Investor
  • from Philadelphia, Pennsylvania
  • Member since Nov 1, 2008
Connect
Jared Johnson
  • Real Estate Investor
  • Philadelphia, PA
0
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57
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Mortgage Brokers & Lenders

Sellers Hold 2nd

Jared Johnson
  • Real Estate Investor
  • Philadelphia, PA
Posted

If I have a seller willing to hold a 2nd mortgage for 25% of the asking price do I still need to bring a down payment? I am being told that I would still have to have a down payment banks are not accepting any loans without it.

Jared

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