A bank would probably be happy financing 75-80% of this deal with the seller picking up the rest, although they say that they want to make sure you have skin in the game, they want to be in 1st mortgage position and make sure they don't have their neck's out too far.I would first run your numbers and see if it even makes sense to pursue prior to asking about owner financing or carry back.  

I wasn't going to respond because we are new to the game and I prefer to "listen" rather than offer up advice - but I noticed you were from Middle River, which is local to where we are looking for our first buy and hold so I wanted to say - howdy neighbor!

As far as I know, unless they specifically have a sign that says "no soliciting", then it's free game.  

It's the game lenders play, due to lending limits.That's the reason people are recommending small, local lenders. 

I'm a new realtor learning the game and interested in growing in all aspect of real estate including investing.

For applications like VoIP, gaming or video streaming, the upload speed is every bit as important as the download.  

If this goes badly, I want his skin in the game, too.  

To end on a positive note I have a solid couple of go to RE agents that really understand the investing game.

Sometimes it's just policy, and a numbers game, and sometimes they know more than you do.

Also at this point in the game I don't have the cash for any down payments so I'm interested in learning about how you go about finding investment opportunities with zero money down.Finally I'm taking my exam next Tuesday to become a NYS licensed real estate professional.