I went to make my written offer today on a home w/ a long term renter (14 years), My partner (I met here on DG) is putting up the downpayment, or was, until we were told we need 25% and not the typical 5% I thought. I really dont want this deal to fall through and I need suggestions on how to get the rest funded. The current owner is not willing to finance any of this so that is not an option. I am sure someone here has a great way to make this work.... need suggestions.
Ps... How is it everyone else is doing 5% and everything is working for them?
SHORT TERM & Long Term GOALS
Expand my knowledge about REI and read 2 more books.
Never Give up and Succeed!