How do I buy a house with no money down ….?
and no closing cost out of pocket? I found some good investments and I’m not really willing to put $ 9000 down for closing cost on them. I wouldn’t mind all of it to go into the mortgage since these houses will be rentals paying for themselves and cheap enough that monthly payments won’t be high. I’d also like to be able to take out up to $ 10000 for repairs and initial mortgage on all three while I’m fixing them. Do you know how I can do this? These places are in Upstate NY. I need to find a bank that does this sort of things. I’m a first time homebuyer who makes about $ 45K a year and credit score in low 700s. I’ll take a partner into this deal and we both make about the same a year.
Any help will be appreciated. I’d appreciate info from people who’ve done this or know how to do this. Step by step instructions would be great.