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Updated over 11 years ago on . Most recent reply

Heather C.'s profile image
Heather C.'s profile image
Heather C.
  • from Jonesboro, Arkansas
  • Member since May 31, 2013
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Heather C.'s profile image
Heather C.'s profile image
Heather C.
  • from Jonesboro, Arkansas
  • Member since May 31, 2013
Connect
Heather C.
  • Jonesboro, AR
0
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8
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Buying & Selling Real Estate

Financing the down payment for the buyer

Heather C.
  • Jonesboro, AR
Posted
I know there are risks to financing the 10% down payment for the buyer, but just curious if any of you have had any luck doing this. We have an $80,000 rental that tenant wants to buy and we have about $35,000 in equity so considering financing the $8,000 down payment. Does this make any sense? Buyer has good credit and qualified for loan, but doesn't have the cash saved up for the downpayment.
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