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Updated about 5 years ago on . Most recent reply
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Partial seller financing - who gets first lien?
Greetings you fantastic BP people!
Quick question about partial seller financing... if you get a seller to do seller financing for ~20% of the purchase price, who gets first lien? The bank or the seller doing ~20% 'seller financing'?
Thanks for all you input!
Jay
Most Popular Reply
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Anytime! I wish I learned about the power of owner financing before I jumped in. Now I’m selling off my conventional financed deals to buy owner financed deals. Can get twice the doors if you can keep the down payments low. Best of luck!