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Updated almost 3 years ago, 02/18/2022
Creative finance, seller finance, mortgage.
A friend asked me if a person who has a morgage of 650k can buy a house worth 1M using seller financing with the owner of the property? So he would pay 650k using the mortgage and left 250k to finance it with the owner?
I don’t know the exact answer to that but here I can find it. Thanks.