First time contract for deed.

[James Bartlett]

My main question is if I give the owner a down payment does the bank require an additional down payment when I go to refinance with them? This is a four unit building at 470K. I’m planning to give the owner 75K down payment. He will finance for two years. 

Also, wondering.

I’ve given the owner over 100k in rent over the past three years. (My main source of income is rental arbitrage). I have a successful and predictable track record of managing this building as the proxy owner. The tenants directly pay me then I pay the owner. Will this look favorable to a bank? As in, maybe they would require less as a down payment if the owner ends up not financing it.