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Updated almost 2 years ago,

User Stats

13
Posts
7
Votes
Garrett Jennings
  • Real Estate Agent
  • Oshkosh, WI
7
Votes |
13
Posts

Can a seller credit me for down payment?

Garrett Jennings
  • Real Estate Agent
  • Oshkosh, WI
Posted

Hello!  Quick questions as I'm thinking about a deal here in Wisconsin.  A duplex in a great location that needs some work.  I do not want to house hack the duplex, therefore, I would put 20% down.  If I were to close on the property and provide my own 20% for the down payment, has anyone heard of a situation where the seller credits back that 20% and finances it over a term?  I am not sure if is allowed or something that's already common.  Would love to hear what you guys think.  Thank you!

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