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Old 01-13-2008, 01:43 PM  
bushwacker
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Join Date: Jun 2002
Location: so. fla.
Posts: 2,817
Quote:
Originally Posted by slapass View Post
I bought a fourplex from HUD. Bank just gave me 100% loan plus fix up cost. I bought a duplex for 21k less then the loan so the owner wrote me a check at closing. I bought a duplex with 2k down. The rents and deposits covered the 2k.
Seond mtge on house to buy other house then refied and paid off second. Bought a house where realtor took his commision in payments. Sort of not that good really. Bought second duplex with 2k down see above. bought a 90 unit where a friend paid the down payment and I paid him back with a refi a year later.

Sums it up
Very interesting, thanks for posting.
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