My first thought was to suggest asking the seller to carry-back the amount they needed but thought to myself, there’s gotta be a market for this kind of thing.

Learned from my realtor that the condo has mold and seller will not allow anyone inside to view it.

Could you seller finance them for $100k with $5k down?

I’m in discussion with several sellers and will continue looking.

I’m looking for motivated people who are action oriented and serious about moving forward, not just talking about it.

Seller should pay all liens at settlement.

I read the forums and it seems to be possible, but most the details I found are for the seller.

Just between Seller and Real Estate Commission Rebate can exceed the 3%, 6% or 9% total allowed contributions.

@Chris Seveney  that's interesting.. lets say you buy a rental for 100k with minimum down  20k.you make 150 a month cash flow ( realistic numbers unless you value add or get some smokin deal)something happens and you need to sell in 5 yearsyou bought for sake of argument in a non appreciating market as many on this site admit they are fine with.. now you go to sell.. 60 X 150 a month = 9k   you have 10k in sales costs.. figure 6% plus closing cost plus seller credits and honey dews on the house plus it makes the math easy.so you net 90k  add in your 9k positive cash flow your at 99k... so just about break even but now your had to recapture 15k of deprecation and pay tax on that lets say 5k for easy math.. so now over a 5 year hold your 150 a month Coc really has a negative IRR since you lost right at 6K of actual cash and your only gain is whatever little principal pay down you got on your longer term note.Do you think I have that right.. only reason I bring this up is I sold a bunch of my rentals and that recapture hit me hard personally.. but I just wanted to reposition to notes as I am not a very good landlord..I think this is why if you think my numbers are correct.. that folks need to accelerate pay down so that you can pay these off quick so if U do need to sell and most people sell every 7 years stuff happens they have some true equity. or at least some cash coming out of the deals.

Peter- without actually calling the Syracuse city finance department it would be difficult to know exactly what the sellers star credit is.