Lien holder position in .5 seller financing and 5. Traditional

[Micah Grant]

I am meeting with a seller who is looking sell a multi unit to us on half a .5 traditional loan and .5 owner financing(250,000 for both loans). My question is does the seller become the second lien holder in this scenario? Thanks 

[Joe Villeneuve]

Almost always...like 99.999% (never say never) of the time.  The traditional lenders will ALWAYS want to be in the first position.