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Has anyone been able to buy investment homes with no money down?


Has anyone been able to buy investment homes with no money down?

It is horrendously difficult to buy investment property for nothing down. Before the current credit crunch, it was possible to buy a house to live in for nothing down, if you had a good income and great credit score. It was always hard to get a loan with nothing down for an investment property you weren't going to live in. With the current credit crunch, it is even more unlikely you can buy an investment property for nothing down. There are books that claim you can, but they offer impractical methods. Read this link. (I am not recommending buying this person's book, but read his website.)

Don't believe those crap infomercials on TV. If you're going to invest in real estate, you need some deep pockets to cover contingencies.

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