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Updated about 5 years ago on . Most recent reply

Mark Rossmann's profile image
Mark Rossmann's profile image
Mark Rossmann
  • Rental Property Investor
  • from Iron Mountain, MI
  • Member since Jun 23, 2020

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Mark Rossmann's profile image
Mark Rossmann's profile image
Mark Rossmann
  • Rental Property Investor
  • from Iron Mountain, MI
  • Member since Jun 23, 2020
Mark Rossmann
  • Rental Property Investor
  • Iron Mountain, MI
0
Votes |
3
Posts
Creative Real Estate Financing

Helping Renter w/ Down-payment

Mark Rossmann
  • Rental Property Investor
  • Iron Mountain, MI
Posted

I have a long time renter wanting to purchase home in Wisconsin. They have no down-payment. I'm willing to sell at below appraisal to them. Can we write up the offer at appraisal, then give money back for down-payment? Wife is a licensed Broker and says nothing legal.

licensed real estate Broker.

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Colin Reid's profile image
Colin Reid's profile image
Colin Reid
  • Investor
  • from St Petersburg, FL
  • Member since Feb 28, 2014

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231
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Colin Reid's profile image
Colin Reid's profile image
Colin Reid
  • Investor
  • from St Petersburg, FL
  • Member since Feb 28, 2014
Colin Reid
  • Investor
  • St Petersburg, FL
221
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231
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Colin Reid
  • Investor
  • St Petersburg, FL
Replied

Why not seller finance it? Then you can set whatever terms you like.

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