Anyone Doing Seller Financing Wraparound Mortgage these days?

[Alex Shin]

If you’re well versed in seller financing please chime in.

How would you structure the deal given this info? If more info is needed please let me know.

Wraparound mortgage or all-inclusive trust deed (AITD)

Property is located in Los Angeles

Sales price 3,800,000

Down payment 950K

Seller will give Buyer AITD for 2,850,000

Current loan 2M

Seller carry 850K

Interest only 5%

No prepayment penalty

Balloon in 24 months