Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

36
Posts
12
Votes
James Wheelock
  • Investor
  • Utica, NY
12
Votes |
36
Posts

Seller carry back strategy

James Wheelock
  • Investor
  • Utica, NY
Posted
I just watched a Robert Kiyosaki video where he was discussing investing with little to no money down for younger couples. He mentioned the strategy where you find a deal and structure it with an 80% mortgage and have the owner carry back the other 20%. Then he went on to say that it was a no money down deal. How does this work? Wouldn't the buyer still have to come up with a down payment on the 80% mortgage? Any help in understanding this would be awesome!

Loading replies...