Investor- Realtor: Raleigh, NC

[William Henry]

I will be purchasing a small multi family home in Raleigh, NC this summer. I would like to househack and have been analyzing deals on realtor.com for the past few months. I have established my price range and would like to find an agent that currently owns real estate investments.

[Jiri B.]

Sure @William Henry. When there is a good opportunity to purchase a property, there are usually other investors seeing that as well so there will most likely be other offers. Sellers are not only looking at the price of the offer but also other terms like downpayment, closing time etc. The problem with doing the lowest possible downpayment is that if the property does not apprise, then the buyer (you) might not have any other cash to cover that. So the seller is taking a much bigger risk with those type of offers.

Also good to note, that is very common to do 10% or 20% down (20% required if that is an investment). 

So 3.5% is great for you, but really bad for the seller to see. So it just lowers your chances about getting a good deal.