1 Good Credit Is King, When Qualifying For Mortgage Programs
Heather Quigley edited this page 2024-09-30 13:22:28 +00:00

Have you ever seen those infomercials about buying houses with "No Money Down?" They are rather well done. They have a number of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely cash out of their drawer. You see this guy, standing on a street corner, talking to someone, and he says, "I own that one," pointing to a beautiful colonial. "I also own that one next to it, and the one two doors down, and We are closing on the one directly across the street from it, next little while." He then assures us that he has purchased 17 homes in dispersed in the remaining eight or ten months, with zero money concerning the properties. Plus, oftentimes he's also paid no closing costs.

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