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Old 06-12-2005, 01:46 AM  
$5 submissions
I help you SUCCEED
 
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Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
Man, I wish there's a way to do this with Freddie Mac re buying apartment buildings

Quote:
Originally Posted by J$tyle$
Last March I closed on my house with ZERO down and got back $7500 after closing.

It's called creative financing. It's done all day every day. I didn't take a course or buy tapes and dvd's from TV. I spent a week doing my own research. Met with a mortgage broker. Got a list of 12 properties put an offer on the 3rd one i looked at. Closed escrow 30 days later NO MONEY DOWN and got a check for $7500 at closing.

BAM!

The house was worth $530K March 2004 and June 2005 it's worth $645K

No need to pay up BTW

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