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Updated over 7 years ago,
should i do a 0% down USDA loan?
so i am looking into a property which is for sale on a USDA loan with 0% down.
they are asking 65k and are willing to pay closing costs.
they refuse to rent or land contract.
USDA loans are one of the few things i haven't learned much about in my real estate journey.
looking for some advice, min qualifications, restrictions on use/exits, etc...
should i jump on this? or let it pass?
what should i beware of?
i welcome multiple angles on this. so please weigh in, even if already has some answers.
thanks!