Don't Let The Deal Die Do A Carry Back!!

Carry backs, also known as "seller take backs," are essentially replacements for standard mortgage financing, and become popular whenever banks tighten down credit standards sharply. The carry back can take the place of a traditional down payment the bank requires in order to purchase a property. These are typically used for the purchase of investment and commercial properties. I have used them many times for the purchase or rental real estate. Don't let the deal die do a carry back......