A seller loan is a personal loan in which the buyer borrows part of the required loan amount from the seller. This increases — on paper — the equity, thus less money needs to be borrowed from the bank.
We tell you more about these and other financing options here:
Construction financing without equity
No equity = no real estate? Not necessarily. In some cases, you can finance a property without equity. We explain how that works here.
Dictionary
Find useful real estate terms and abbreviations here.
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