Closing Statement: - [ ] Purchase Price - [ ] Down Payment - [ ] Closing Costs - [ ] Total Due - [ ] Payment Method6.

You should definitely review their payment history, maintenance, lease violations, etc.3.

Can you afford the payment?

However, they are willing to sell fast at $220k and take payments on their equity.

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

Would you not do section 8 I’d take your equity and use as a down payment so your probably looking at let’s say 400-500k range, I’d probably either look for a single family in a different part of Baltimore county, Catonsville, Towson, parkville etc. or I have a rental property on the eastern shore of Md, I really like that market.

Here are some questions I have:1) Is it better to refinance or to have hard money/private lenders put a 2nd lien on the property to serve as a down payment to be able to borrow 100% of my next project?

I would rather use the funds to setup the arbitrage unit towards a down payment on an owner occupied property or vacation rental.

BP forums helped me learn about 10% down payment options from local lenders and that I could borrow from my 4001k for the down payment.