Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Owner Financing
Can someone explain why/how owner financing works when sellers aren't carrying back 100% of the loan? Say they agree to carry back 20%. No bank is going to let you take out an 80% conforming loan knowing the down payment is coming from a 2nd loan (ie owners carry back loan ). If so, how do people do these with no money down?