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Updated over 8 years ago on . Most recent reply

User Stats

120
Posts
18
Votes
Dave S.
  • Investor / Wholesaler
  • Erie, PA
18
Votes |
120
Posts

What all can the seller pay for?

Dave S.
  • Investor / Wholesaler
  • Erie, PA
Posted

Im working with a seller that is willing to work with me on purchasing his investment properties (he wants to retire). Like most people want, I would like to minimize the cash out during the transaction / closing. What all can a seller pay for during a conventional closing? I've been reading that there is a cap at 2% seller concession. Are there any other items that i can ask for to be paid that dont count towards this 2%????

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