Zero Down:-
Zero down does not mean a down payment. Most sellers require something like a down payment if they are financing. Most banks will not finance 100% of real estate purchased as an investment. Zero down means the down payment will not come from your money. so where do you get it? Can you really profit from real estate with no money to start?
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Zero Down - Best understanding zero down mortgage loans 2022
The answer is clearly yes. The other night at a meeting of our local investors, an investor told me he recently got a fixer-upper, but he can’t afford it. what did he do? He awarded the contract to another investor for 6,000. In other words, he had a $500 “goodwill” deposit, and his time in the deal, and earned $6,000. This is called “flipping”.
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