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Updated almost 4 years ago, 01/15/2021

User Stats

25
Posts
9
Votes
Nate Bartow
  • canton, OH
9
Votes |
25
Posts

Seller financed down payment

Nate Bartow
  • canton, OH
Posted
Hi everyone, Anyone know any creative ways to finance if the seller is willing to finance the 20-25% down payment? I'm looking at a deal where Fannie Mae will finance 75% of the deal and the seller is willing to carry a second for the 25% down payment but FM will not allow te seller's second. I was thinking an owner equity deal maybe where the seller "buys" 25% of a new llc and pays the down payment for that percentage of ownership. Any suggestion are appreciated! Thanks

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