Addicted to Real Estate - Why I Can't Stop and Why You Should Start
The All-Money-Down Technique So how does the all-cash down procedure work by buying a home with money? Above all else, let me rehash that I truly didn't have any money, however I had a lot of value from Terry's home and a few homes that I claimed set up to give me a significant money up front installment. Banks and home loan organizations the same will acknowledge cash from a home-value credit extension as money to buy a home. In any event they did in 1997 under the monetary rules of the day. What you should recollect about home loans and loaning is that the rules change continually, so this method I utilized in 1997 could conceivably have the option to be utilized later on. Regardless of whether it is or can't be utilized again doesn't actually make a difference to me as I accept that there will consistently be an approach to purchase land with restricted cash down at some point or another. There will consistently be a method to gain land however precisely how that w...