Sacramento - Seller Carry Back Financing - for a DUPLEX purchase

[Sydni Chattman]

Hello Sacramentans,

Are there any investors familiar with the Seller Carry Back Financing Option? Or any agents who know of any DUPLEX owners interested in such deal?

Simply put, the buyer purchases the home from seller. A very small percentage of the home will be paid back to sellers by the buyers within 3-5 years (negotiated, of course) with interest (also negotiated)

This is ideal for an owner who isn't necessarily in need of that small percentage of the home right away.

It's a great program and I'm finding many agents aren't familiar with such. 

Are you?

Or are you an investor in sacramento that would consider it?

[David Hutson]

@Account Closed,

I do if the numbers make sense.  Right now what I'm seeing is properties are too expensive and the return isn't there.  Feel free to message me with all of the details you have.  

If there was a finance contingency the buyers probably couldn't get it to work and stated they couldn't close due to not getting a loan.

David