Wholesaler · weston , WV · Member since 2013 · 5 posts · 0 votes
I have a commercial deal I am working on. The seller is giving me low monthly payment and for long terms also. The issue I am having is he wants too much money as down payment. His concern is about getting the property back if I default so he wants a lot of money down (50% down) which kills the deal. I want to make this deal happen more then the seller dose and I dont know how to make him feel more comfortable with less money down.
Real Estate Investor · Philadelphia, PA · Member since 2014 · 40 posts · 6 votes
10y
Give him 3 options that you want. Put it on 3 pieces of paper and present it to him. Then ask him which option he's steering toward. Then adjust from there. He might forget he got an option to say no