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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Canuck Dave who wrote (48)7/1/2001 10:33:05 PM
From: MechanicalMethod of 306849
 
No money down

I've never purchased any of those courses but have taken real estate classes at the local community college. No money down requires finding an assumable loan with a seller that will take back a second for 100% of their equity. The purchase offer includes a $100 promissory note as earnest money due upon acceptance of the offer :-) I've never tried it but know some folks that have done well with it. No money down limits risk and is a small part of how everything fits together.
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