To all Private Lenders offering 20% dn question for you???

[Account Closed]

Let me start off saying..its great to see all these private lenders available for buyers that for whatever reason, cant go with traditional funding...

My question is, if the buyer has reserves to cover carring costs and repairs etc for the short term loan, and is willing to pay 10% and up interest only, high points etc...

what does it matter if they dont quit have the 20% DP to bring to the closing table?

If a seller/wholesaler like myself is willing to up the purchase price a bit to cover the dp and cc, to close the deal....and the purchase price still falls in the 65% LTV guidelines that u all have...what is the big deal????

Buyers are not trying to get "100%" financing from you, we get that is not going to happen these days..

Your still getting the dp at closing, so again, what exactly would be the issue????

If it ok for buyers to bring money to the closing table, regardless of where is came from, why is it such a big deal for a seller to give buyer a concession for the DP/CC? IM CONFUSED