Property InfoPurchase Price: $62,500Current As-Is Value: $80,000Loan Amount: $46,000Interest Rate: 5.125%Monthly Payment: $4003 bed, 1 bath800 Sq.

If you're consistently putting in the time & work while growing as a professional,.. this delay in payment will be temporary. 

hello there is this triplex that I’m looking to purchase and I was just wondering if there was any down payment assistance programs that is eligible for 

I thought this was as simple as creating (3) separate amortized payment schedules for the amounts owed. 

I negotiated seller financing for: - Purchase price: $400,000 - Monthly income: $6,000 - Interest rate: 4% The seller requests a $160,000 down payment.

I collect the fee, deposit, and have them sign an agreement digitally, which also requires upload of DL. 

New Bank Loan Traditional Subject To Take Over Existing Loan - has already been paid down some Purchase Price $400,000 $332,196 (Take over existing loan) Down 20% $80,000 $10,000 To Seller Loan Amt $320,000 $332,196 (Take over loan) New Loan Payment Rate 7.75% $2,293 $1,465 Take Over Payment Rate 3% Difference $828 Your Savings per month Other $0 $0 other Loan Origination Fees 2% $6,400 $6,400 Your Savings On Loan Fees Closing Costs $3,500 $3,500 Closing Costs Cost for length of Loan $825,307 $490,512 Your Cost for length of Loan $334,795 Your Savings over Life of the Loan Using Bank Cost to acquire $89,900 $13,500 Using Us Cost to acquire $76,400 Your Savings Just By Buying Using Subject To Total Savings $411,195 Your Savings Total w/Subject To

There is an acceleration clause is most deed of trusts, that is, his mortgage document that calls for a full payment of a mortgage if the title is transferred in this manner, but people do it all the time and accept that is the mortgagee/lender ever exercises this clause then you'll just have to refinance the property and since you were paying the mortgage and have proof, you should have no difficulty in refinancing the property. 

We have enough to cover the down payment and closing costs, but not reserves. 

How much CASH do you have for a remodel and/or down payment?