Coop Downpayment

See here: https://streeteasy.com/talk/discussion/30833-any-way-around-co-op-board-financing-requirement

You will most likely be denied if you ask to put down lower than minimum stated.

Buying a lottery ticket will have better odds of getting you to your goal than trying to find a way around the process.

The buildings won't let you buy in at a lower than stated down payment. Typically what people early in their careers do is borrow money from family -- some of the buyer's broker's art is then making that an acceptable circumstance to the board. This is about a quarter of what I do! In the worst case it's a "co-purchase" and the lending family member has to do a full board package as well.

ali r.
{upstairs realty}

Can one get around down payment requirements via a Sponsor Sale?

Yes, anything goes in a sponsor sale.

That’s why sponsor sales often go for asking or above