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Updated almost 8 years ago,
Private Money / Bank Financing
Can someone give some advice on how using private money for a down-payment combined with Bank financing for the rest may work. Advice on doing this in general or strategies to make it easier on the banking side of things. I am looking at doing a deal where a private investor would be providing the down payment and the rest would be financed with the bank. The investor doesn't want to be involved in the bank side of things only wants a formal agreement between us for the down payment portion of they're investment. Thanks!