How much is your carrying cost per month?

I would go so far as to say they have the power to do that if it is reasonably necessary to carry out whatever arrangement exists between the Vendee and the Owner in Title.  

Now come to find out that even if I pre-qualify for a 300k loan I am only able to be financed for 210k or less since my debts are carried over. 

Can we require that the tenants carry extra insurance?

Looking to purchase an owner occupied muti investment property but I don't want to carry the PMI for long before I can refi.

Seller might be willing to carry 5 – 10 % note.example only : 7% seller 2nd with 4 year term at 6 percentFirst, I would suggest checking with your lender regarding potential Seller 2nd note. ( approval is need )

For that awkward tier between like $200,000 and $1,000,000, you most likely will need to go with a local or regional bank who will carry the loan themselves.  

Tax implications to the owner are best discussed with a licensed CPA.Home #2: My first choice would be to put the property under contract with the seller carrying back a loan & I would take over the existing loan.I would use a basic purchase offer contract.You can partner up with an experienced investor to finish the deal  or sell the contract to an investor, AFTER you tie the property up with a purchase contract.Good luck.Originally posted by @Albert F.

I love owner carry back financing by far.  

Having money is great, I suggest trying to do your first investing as though you had none at all, then when expenses crop up, you can deal with it and carry on until you cash out.