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Updated about 6 years ago,

User Stats

67
Posts
6
Votes
Michael Newman
  • Staten Island, NY
6
Votes |
67
Posts

Down Payment For Owner Financing

Michael Newman
  • Staten Island, NY
Posted
Hello everyone, I’ve been thinking about real estate as usual. I have no credit nor “real” job yet as I’m still in school so seller financing seems to be my most favorable option at the moment. The question I have is this, is it possible to negotiate a seller finance deal with no money down? Perhaps suggest to forward all income to the owner until the 20% has been paid off. Is this a realistic scenario or is it impossible? If this doesn’t work I also have the idea of taking out a HML for the DP, if the numbers allow me to.

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