price of house is $65,000
Im paying 10% down payment which is $6,500
I then hand you $5k in cash which I am giving you for whatever the hell you want to spend it on… Im giving it to you for your first yrs mortage but hey, if you wanna buy a car with it? Drugs? whores? go right ahead lol.
End results is your paying $53,500 for the house.