Innovative Strategies

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Lee Burns
  • New to Real Estate
  • Chicago, IL
73
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146
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Seller down payment assistance

Lee Burns
  • New to Real Estate
  • Chicago, IL
Posted Dec 8 2019, 08:05

I've found some properties in my [pricey] Bronx farm area and want to acquire my first investment. I have the option to use a VA home loan, but my credit took a dip and is still recovering. If I offer a down payment with the loan request I imagine my chances for approval will be much better. Does it make sense to ask the seller for down payment assistance and offer some sort of incentive?

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