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You will need to talk to a legitimate mortgage broker to find the answer to this, but I'm thinking that it's currently very difficult to get a loan -- even at 80% LTV -- without having some equity in the purchase.
Seller second, Welcome
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I am in Florida, and I am asking lenders if there are any lenders out there that allow a seller-held second mortgage of about 20-30%.
I am asking this question in that I am trying to find financing for my tenants, and I am willing to hold a 20-30% second mortgage, with the tenants securing a 1st mortgage of about 70-80%. I am asking this in that it would be a CLTV of 100%.