Combining Non QM loan with seller financing to buy a rental

[Michael Hyun]

So I just heard that there is this financing option where I can combine Non-QM loan for 50% of the purchase price, and then seller finance the 40%, and then down payment for 10%.

If I can get the 40% of seller financing at 1-2% interest, that would make a good deal a great deal. 

Pros:
- only 10% compared to 25/30% down payment. I'm looking to buy as much real estate as possible in the next 5 years so this is big.

- Much lower monthly payments

Cons:

- harder to find a seller willing to finance

- Having to deal with the seller? I'm not too familiar with seller financing. What if they want out?

Any thoughts on this?

[Michael Hyun]

Is it a 90% LTV if the seller carries 40%? I think he mentioned its a 10 year balloon on the seller financing at 1%. And yes, this is if the seller is more desperate.

Here is the video I watched.  50/40/10 loan video.