A: My potential buyer has asked me to carry part of his loan.
B: The decision to carry part of a loan might be advantageous to you or problematic.
A: Why would I ever want to carry a note on a house?
B: It is a type of investment that can offer a fairly steady return over a set period of time.
A: Why is my buyer requesting that I carry part of his loan?
B: Oftentimes buyers are well able to afford the home but unable to qualify for a loan.
A: Are there any risks in carrying a second mortgage?
B: You are basically betting on the fact that the home is not going to drastically fall in price. This could leave you with a house that is not worth much.
A: Will I be financing this loan for a set period of time?
B: That is entirely up to you and the buyer.
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