Down Payment Exceeds The Equity.
Ok,
If I have a property, picked up the good ol sub to way, and I have a buyer who is ready to put a down payment on the property to move in.
The existing mortgage is $75k, I'm asking $95k and she wants to put down 60K.....what do you do. She's putting up a large down payment because she wants the payments to be low.
I guess we're going to the closing table and getting a new loan. 
I think I answered my own question but I was just wondering if anyone has ever gotten a down that exceeded the equity.
why not just flip it to her?
I think you're right. Its time to close on the property. If you're buyer has 60K to put, she should have no problem qualifying for a 35K loan for the balance.
Good job,
Jeff
OC,
She's not an investor and I wouldn't be flipping anything. she would just be closing on it.