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Updated about 10 years ago on . Most recent reply

DJ Cummins's profile image
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DJ Cummins
  • Rental Property Investor
  • from Bethalto, IL
  • Member since Aug 14, 2014
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DJ Cummins's profile image
DJ Cummins's profile image
DJ Cummins
  • Rental Property Investor
  • from Bethalto, IL
  • Member since Aug 14, 2014
Connect
DJ Cummins
  • Rental Property Investor
  • Bethalto, IL
103
Votes |
319
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Multi-Family and Apartment Investing

Cash back at closing??

DJ Cummins
  • Rental Property Investor
  • Bethalto, IL
Posted

So we have an appraisal going on a house right now and we might be making an offer on a house next week. My question is, how often does a seller agree to cash back at closing? We are thinking we are getting the property for 10-20k under what the appraisal will be. Do we just offer 10k more than asking, and request 10k back at closing? Does this work? What type of options do I have? Any input is helpful!

Thanks!
DJ Cummins

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