Im done with the course and about to start. There is one question I have. Lets say I get a seller to accept a down payment that is spread out and it equals 20%. Will a bank loan me 80% when the downpayment is being handled that way? Anyone that could help would be great.
ask the seller to hold the note on the down payment not secured by that property until after closing at which time you will register it as a second mortgage.