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Updated over 6 years ago on . Most recent reply

Ben Colabella's profile image
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Ben Colabella
  • Accountant
  • from Morristown, NJ
  • Member since Jan 13, 2019

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Ben Colabella's profile image
Ben Colabella's profile image
Ben Colabella
  • Accountant
  • from Morristown, NJ
  • Member since Jan 13, 2019
Ben Colabella
  • Accountant
  • Morristown, NJ
1
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11
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Innovative Strategies

Bank + Seller Financing?

Ben Colabella
  • Accountant
  • Morristown, NJ
Posted

My bank has agreed to let me finance 75% of the selling price with them. I’m wondering if it is possible or is anyone has had experience financing with a bank and also seller financing on the same offer. So for example in my case, I would have my bank finance 75% and would negotiate the seller to finance the remaining 25%. Any thoughts/advice?

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Chris Mason's profile image
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Chris Mason

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Chris Mason
Chris Mason
  • Lender
  • California
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Chris Mason
  • Lender
  • California
ModeratorReplied

No, you cannot use seller financing to avoid down payments. 

  • Chris Mason
    • 1 Vote
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