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Updated about 2 years ago,
Lenders that allow Seller Finance for Second Position
I have a few sellers that are willing to finance / carry back a portion of the property, and I have been trying to find a lender that will allow this to function as a downpayment of sorts (they lend 80% LTV and seller carrys 20% or so).
Is anyone familiar with banks/lenders that will allow this? I've called a few and no luck so far.
Been looking mostly in the western US, but have been looking at getting into some markets in the south so any info would be appreciated.