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Updated about 1 year ago,
Seller Financing & DSCR loan
Hi
Does anyone give me a professional advice on seller financing?
As you know, recent interest rate has been increasing.
This increase killed my deal so many times.
Do lenders generally NOT allow a borrower to bring a down payment by using seller financing?
e.g. I purchase a property at $300K
1. Seller accepts seller finance for 40% of the price.
2. I will put a 10% down.
Do you think there is a lender who would be able to fund another 50%.
Yusuke