video1.0<iframe src="https://www.loom.com/embed/b03e4574489c486ab2e4ccc555c5d617" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/b03e4574489c486ab2e4ccc555c5d617-14673dae3fdf2b05.gif103.1476In this video, I discuss a strategic approach to financing when purchasing a home. I simulate a scenario for a well-qualified borrower using 10% down, resulting in an all-in payment of about $3,035 and closing costs of $54,000. I compare this with a situation where you negotiate a $10,000 reduction in the asking price, which only saves about $62 a month. Instead, I suggest offering $10,000 over the asking price and requesting it back as a seller credit, which can significantly lower your monthly payment to $2,594 for the first year, saving you $440 each month. I encourage you to consider this strategy to maximize your savings and improve your cash flow.