Hiya
Silly me
I didnt read the full post.
Id say you can buy the place as a favourable purchase.
This will allow you to borrow the 80 % or so you need.
The lender may not like a second mortgage behind the first on that basis though
ta
rolf
Hiya Xenia
There is a material credit risk difference between someone putting in hurt money of 20 %, vs hurt money of 0 %.
Thats one of the reasons the majority lender wont like a vendor finance situation for most residential.
ta
rolf