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Updated about 3 years ago,
Purchasing a property with 0 down and a lot of equity
Is it possible to purchase a property as an investment property with 0 down if I have over 20 percent equity in it at purchase even if there is no rental history? We are looking to purchase a property from our parents for 300 that is worth we’ll over 500. We be renting it out but not sure if we could get a loan with no history and no cash down.