Hello, I am looking to sell a property to the tenants and have a question or if anyone has heard of this scenario. If a tenant wants to buy a house and take out a mortgage but lets say they don’t have the down payment money. To keep things simple lets say we agree to sell house for $150k and need to put 3% down. Has anyone ever covered the down payment money ($4500 in this case) and increase the sales price to $154.5k? So they would take out the mortgage for $4.5k more. Does that make sense? Or does anyone see any issues with that? Edit: I guess a promissory note could be written up for basically a short term single pay loan. Basically just write up an agreement to pay it back in 3 months for example. Thanks submitted by /u/Much_Essay_9151 [link] [comments]