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Updated 9 months ago,
Do you ever lend 100% for purchase?
Hi All,
Would you lend 100% for the purchase price, if, the house is being purchased cheaply. For example, the house would sell on market for 160,000, but the sellers just want to get rid of it, and agree to sell for 100,000. As a private lender would you pay the full 100%, or still do 75% Loan to Purchase price and have borrower put money in?