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May 26, 2012, 02:25:56 AM

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Real Estate Investing Forums  |  Real Estate Investing  |  Foreclosures, Short Sales, Tax Foreclosures, Tax Liens Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: New real estate investors « previous next »
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Author Topic: New real estate investors  (Read 499 times)
Real Estate Seller
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« on: November 05, 2011, 01:47:37 PM »

I get phone calls ever day wanting to know how to buy SFR with no money down from new investors that have no idea how the real estate market work. I suggest that you save your money and pay cash for the first SFR and after that you might get a HML to step in and help you but expect to pay 14.9 interest rates and terms of 6 months plus 2 to 3 points.
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Gold River
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« Reply #1 on: November 05, 2011, 07:04:49 PM »

 

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« Reply #2 on: November 05, 2011, 07:39:35 PM »

What I was saying is everyone want to buy proprieties with no money.
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LVVR
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« Reply #3 on: November 30, 2011, 05:35:28 AM »

I'm sure they learn pretty quickly that they can't get a deal like that anywhere.
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Real Estate Investing Forums  |  Real Estate Investing  |  Foreclosures, Short Sales, Tax Foreclosures, Tax Liens Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: New real estate investors « previous next »
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