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Updated about 5 years ago, 10/23/2019

Jodi Rhoades's profile image
Jodi Rhoades's profile image
Jodi Rhoades
  • Investor
  • from North Pole, AK
  • Member since Apr 3, 2017
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User Stats

12
Posts
11
Votes
Jodi Rhoades's profile image
Jodi Rhoades's profile image
Jodi Rhoades
  • Investor
  • from North Pole, AK
  • Member since Apr 3, 2017
Connect
Jodi Rhoades
  • Investor
  • North Pole, AK
11
Votes |
12
Posts
Multi-Family and Apartment Investing

seller carry back 2nd

Jodi Rhoades
  • Investor
  • North Pole, AK
Posted

We are looking into buying a property where the seller would help us with the downpayment.  In banking terms I think it is known as seller carry back 2nd.  Not all lenders are willing to have the downpayment financed. It is 30 plex  multi family  unit with good cash flow.  Has anyone worked with lenders that are willing to have part of the downpayment financed.

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