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Updated over 7 years ago on . Most recent reply

Stuart Cairns's profile image
Stuart Cairns's profile image
Stuart Cairns
  • Investor
  • from Alexandria, OH
  • Member since Nov 5, 2014
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Stuart Cairns's profile image
Stuart Cairns's profile image
Stuart Cairns
  • Investor
  • from Alexandria, OH
  • Member since Nov 5, 2014
Connect
Stuart Cairns
  • Investor
  • Alexandria, OH
8
Votes |
32
Posts
Creative Real Estate Financing

Creative Financing for a 4 unit

Stuart Cairns
  • Investor
  • Alexandria, OH
Posted

I am looking at a 4 plex which needs 20% down. The owner will take 10% less than asking price. I have 10% down. Is it possible to finance the property using the 10% discount of the property price. Hence using down payment and the discount as equity?

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