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Updated over 8 years ago,

Mark Libario's profile image
Mark Libario's profile image
Mark Libario
  • from Montréal, Québec
  • Member since Jul 8, 2016
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Mark Libario's profile image
Mark Libario's profile image
Mark Libario
  • from Montréal, Québec
  • Member since Jul 8, 2016
Connect
Mark Libario
  • Montréal, Québec
0
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19
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Creative Real Estate Financing

Partial Seller Financing Question

Mark Libario
  • Montréal, Québec
Posted
Hello guys! I just want to solidify my understanding regarding partial seller financing since I didnt get to fully understand it at No Money Down Book. What does it mean if a seller carried a note on a property to help you finance it? How much is a typical good interest if ever to propose? Lets say youret buying a property for 400k Mortgage balance :200k Private Lender financed 300k And seller carried a note (carryback?) 100k Whats a good deal or plan on paying the seller? Thank you!
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