I have a park under contract and almost through due diligence. The seller has agreed to give a 20k concession for repairs but my lender says we can not lower the price without having to go through underwriting again. Further, that would not leave me the money I want for repairs. Is there anyway to get a credit for repairs at closing?
The only option I can think of at this point is to have the Seller do the repairs.
Any input is appreciated.