Seller wants 30% down. Why?

[Jayson Greenblatt]

I put an offer in on a property the other day, the asking price was 360k. I offered 345k with 25% down and a 6 month credit for non paying tenant since eviction courts are closed. Seller countered with he would accept 345k with 30% down and no credit for tenant. I understand the no credit but why would the seller care whether its 25% or 30% down? 

[Andrew Zannotti]

It could be as simple as they need a specific amount of money for something they have already planned for and the difference between what they have planned happening or not may be that additional $17,250 in the down payment. I haven't been successful at an owner finance yet but I would ask the question of do they have anything in particular they need to money for if it's a huge deal for you and see how you can accommodate them.