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Buying & Selling Real Estate

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Gary Freidman
  • Bayonne, NJ
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Creative Ways To Increase The Purchase Price Paid

Gary Freidman
  • Bayonne, NJ
Posted Jul 3 2015, 15:34

I am talking with a seller about buying a property. The seller is willing to give me a lower price but I was wondering if there were ways other people had used to keep the "purchase price" high for the purposes of getting a loan but really pay less. In short, I want to lower my out of pocket and get more money in the form of a loan through conventional financing without waiting 6 months.

The owner will also manage the property for me later and does not want to do seller financing. 

There a few things I could think of but all would have tax problems that negate any pluses. 

Any ideas?

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