Posted by Darrin (GA) on March 08, 1999 at 24:06:30:
As long as all those payments are received by the seller before closing. 8^)
I’m just teasing you a little. It was a legitimate question, but lenders won’t take it that way. Note buyers might. I would do the following :
- Give the seller 5% down.
- Make the remaining payments in the form of a 2nd mortgage.