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Updated over 11 years ago,

Dashon Jones's profile image
Dashon Jones's profile image
Dashon Jones
  • Residential Real Estate Agent
  • from Paterson, New Jersey
  • Member since Jul 6, 2013
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User Stats

78
Posts
42
Votes
Dashon Jones's profile image
Dashon Jones's profile image
Dashon Jones
  • Residential Real Estate Agent
  • from Paterson, New Jersey
  • Member since Jul 6, 2013
Connect
Dashon Jones
  • Residential Real Estate Agent
  • Paterson, NJ
42
Votes |
78
Posts
Buying & Selling Real Estate

Need clarity on how to structure a seller carry back.

Dashon Jones
  • Residential Real Estate Agent
  • Paterson, NJ
Posted

I'm in the process of putting in an offer and I want the seller to give me 10% for the down payment and I put down 15% out of pocket and do a conventional loan from a bank for the remaining 75%. How exactly are these deal structured and how do they work, I'm having trouble finding the information that I need. Please help.

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