Owner Sale and carrying a loanI have someone that wants to buy my house over 4 years and I carry the loan. Suggestions? And what's best for tax purposes? Take a downpayment and Amortize the loan at a certain percentage?
If you don't alredy own the land see if the builder can buy the land build the house and garage and then sell you the home as a completed home with a garage. That would be much easier. Either way you do it make sure you get the VA guidelines for new construction. They have specific requirements for things like soil treatments.
If for a purchase I have a lender that I can broker to... requires 10% down. Also have the Oregon Vet Loan program with 20% down. Both programs must be deeded real estate not titled and must be on private property.
If for a refinance then I would need more info.... more