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All Forum Posts by: Isaac Preston

Isaac Preston has started 2 posts and replied 2 times.

Post: Seller carry loan

Isaac PrestonPosted
  • Posts 2
  • Votes 1

Have a 16 unit trailer park that I’m trying to close the owner is willing to hold 25% of the deal. I’m trying to find a lender that will only make me put 5% down because the seller will have a Second position of 25% on the property. Anyone pull off the deal like this and have a lender you can send me that does it? 

Post: Seller carry loan!

Isaac PrestonPosted
  • Posts 2
  • Votes 1

Have a 16 unit trailer park I’m trying to close on the seller is willing to Finance 25% of the deal. Is there any lenders out there that will do seller carry loan allowing me to only put 5% down as long as the sellers 25% is in second position?