He said nope, got 100% financing… I looked at him kinda funny for a couple seconds, and then I asked did you have to do something “creative” to do that?

You can get real creative with the seller... i.e. carry at reduced monthly payments, lease options, balloons with no payments, etc.

Hi,I'm looking to buy apartment buildings using land contracts.I'm also ooking for a broker that understands creative financing, particularly land contracts.

I'm gonna work up answers to questions I have gotten from sellers to prepare myself b/c I know they're gonna ask them lol..

If you are looking to formalize the group and build it into something substantial, just be prepared for a huge time commitment.Good luck.

Once escrow is opened, both buyer and seller have to authorize any changes in escrow instructions.Typical seller paid items:Deed preparation; existing mortgage and accrued interest; transfer taxes; commission; title insurance; repairs based on termite inspection report.Typical buyer paid items:Hazard insurance; document preparation fees; survey; mortgagee's title insurance; credit report; loan origination fee; prepaid mortgage interest; discount points; Recording fees (deed and mortgage); termite inspection.

as life in general may have been preparing me to do something like this.Have been a work at home mom for 12 years after being in the Dental field for 12 years.

My attorney, realtor, and myself are preparing a letter to the seller that will specifically ask for a $5K credit, based on the offer price they had originally accepted from me.

That will be the reality of actual costs in the end and it's more than I'm prepared to handle.I think the more piratical thing for me to do is to get the dream home we're looking for with the equity from the first house.

The difference in value is the trust that we place in one another that goods, work, ingenuity, creativity, or intelligence will be brought to the negotiation table.