Comments on: Making Money buying realestate with no Money down!? http://www.joannepowers.org/buying-realestate/making-money-buying-realestate-with-no-money-down Mon, 01 Nov 2010 06:50:59 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Jho http://www.joannepowers.org/buying-realestate/making-money-buying-realestate-with-no-money-down/comment-page-1#comment-752 Jho Fri, 30 Oct 2009 10:49:59 +0000 http://www.joannepowers.org/buying-realestate/making-money-buying-realestate-with-no-money-down#comment-752 You have to get a 100% loan which means you have to have good credit and usually a higher interest rate. You will also have to pay mortgage insurance being you are not putting 20% down so your payment will be higher. Then The Seller has to agree to pay all of the closing costs, some mortgage companies won't allow the seller to do this so some research may be involved.<br><b>References : </b><br> You have to get a 100% loan which means you have to have good credit and usually a higher interest rate. You will also have to pay mortgage insurance being you are not putting 20% down so your payment will be higher. Then The Seller has to agree to pay all of the closing costs, some mortgage companies won’t allow the seller to do this so some research may be involved.
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]]> By: Janet http://www.joannepowers.org/buying-realestate/making-money-buying-realestate-with-no-money-down/comment-page-1#comment-751 Janet Fri, 30 Oct 2009 10:00:59 +0000 http://www.joannepowers.org/buying-realestate/making-money-buying-realestate-with-no-money-down#comment-751 It isn't that hard, contact a loan broker (sell for many banks) and they can tell you what you qualify for. There is more then one type of loan that would be "no money down". They are actually very popular. Generally high interest (not all) and very common for short sales.<br><b>References : </b><br> It isn’t that hard, contact a loan broker (sell for many banks) and they can tell you what you qualify for. There is more then one type of loan that would be "no money down". They are actually very popular. Generally high interest (not all) and very common for short sales.
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