Situation no money down

[Elizaveta Voloboeva]

Hello everybody!

I've just read a great book on negotiation and there was a very interesting example of how to buy a property with no money down.
Here is a short view of what the author proposes:

For example SFH price is 100K:
You could take 80K from the bank and offer to seller 20K with small interest for lets say 5-8 years

I don't think I saw this strategy on Biggerpockets so I'd like to know your opinion.

Thank you!