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Buying & Selling Real Estate

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Dhanush Kondoth
  • Investor
  • Dublin, OH
24
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75
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How to buy this property?

Dhanush Kondoth
  • Investor
  • Dublin, OH
Posted Aug 30 2016, 16:26

Hello Fellow BP-ians,

does the banks always go with 75 ot 80% of the purchase price on contract or is there a way to get 75 to 80% of the actual appraised value, even though the contract purchase price is only 75% of actual value? or is there a smart and legal way to put a contract together which will let the lenders provide me with 75% of the appraised value rather than the contract value?

Any help/thoughts/ideas will be appreciated 

Dhanush

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