Mendell Gosnell, CPMPrincipal Broker, Centurion Real Estate Services · Helping Real Estate Investors Build Generational Wealth Through Smart Property Management | Branch Offices in Salem, Corvallis, Eugene and Redmond.

Seller Financing Explained: How I Bought a Bigger Property With Less Down

1 Sept 2026 · 0 min

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Mendell Gosnell explains how seller financing let him and his partners buy a bigger property with less money down. Instead of going to a bank, they negotiated with the seller to carry the note, which lowered their upfront costs and made the deal work within their budget.

We could have gotten financing, but he actually offered seller to carry the note and he offered pretty good terms and we were able to negotiate even better terms, which for us was a lower down payment, which was great and allowed us to buy a bigger property for the amount of budget that me and the partners had. So it allowed us to get into a bigger deal on the property, which was pretty significant.