Leaseback with seller carry

[Mike McCarthy]

I'm working on constructing an offer for a commercial industrial property.

I'm trying to construct a leaseback offer. Is it possible to get the seller to carry 15% and just have me put 5% down on a leaseback agreement?

At the end of the day the seller would essentially be paying himself so my question is one is that possible and two is there any way to sweeten the deal for the seller in that arrangement?

[Cason Acor]

Quote from @Scott E.:

If I'm hearing this right, you are looking to:

-Get an 80% first mortgage on this deal

-Get a 15% second mortgage (carried by seller)

-Put 5% of your own money into the deal

Assuming that is correct, I'm sorry to break it to you but you are never going to find a lender who will do that 80% first mortgage. 

Agreed. Plan on at best 65% LTV for the first mortgage. And as a seller, I would never agree to this deal.