"Who's going to put down 25 percent on a project that might never go ahead?"
The home buyers will typically put down 5 percent of the selling price in cash.
In other parts of the country, where buyers put down as little as 5 percent, she wouldn't have a problem.
If you have good credit and you're willing to put down 30, 40 or 50 percent, we'll make the loan.
Buyers had to put down only 10 percent of the purchase price.
Now they are required to put down 20 to 30 percent.
To buy such contracts, however, the fund needs to put down just 4 percent of their value.
They paid $183,000 for the property, putting down 10 percent.
Typically, buyers have had to put down 10 percent in those loans.
Because the investor had to put down only 3.7 percent of the contract price, he doubled his $1,450 investment in two months.