Sellers Concession, useful or not?

[Alexander Coventry]

Hey Everyone! Has anyone taken advantage of a sellers concession in any of their deals? I had this tactic recommended to me to preserve capital for emergencies and rehab. Any thoughts?

[Max T.]

Harder to get in hot markets. Can be very helpful to retail buyers who are stretched thin with purchase/closing costs. You can get up to 6% of purchase price for owner occupied, and 2% for non owner occ (conventional).