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Updated about 5 years ago,
seller carry back 2nd
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.