Gintas K: What is it “no money down real estate”?
Answers and Views:
Answer by James T
This is when you purchase property without any deposit. Hence the ‘no money down’. You would pay it off instalments as usual
It is buying property without a down payment. This is not as easy as the infomercials say it is. An example would be what’s called a simple assumption, there used to be tons of these but they are not as common now. You can call local realtors and ask if they have any assumable loans on real estate in your area. A lot of times these properties are trashed so be forewarned.Answer by Rishi Abbi
Is buying a property that it’s low in payment.
So that property is not good because the rent is bad, and you cannot sell it very well as others.
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