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Updated over 7 years ago on . Most recent reply
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Quick I need help first time home buyer with a great deal
Most Popular Reply
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Give it to one of the folks you're networking with at local REIA meetups, the smartest person in the room that is successful and honest. Ask them to compensate you as much as they feel is necessary to make it worthwhile for you to give the next one that you can't move on to them, too, if they like this one.
Poof, now you've got the 3% to 5% down payment on the next killer deal you find, that you can buy as an owner occupant.
And you didn't lie - why WOULDN'T you send the following one their way, now that you don't have a down payment again, assuming they compensated you proportionate to how great the deal you dropped in their lap truly was?
Yeah, they could just screw you. But I said to find the person in the room that is the smartest, who is also successful and honest. So they shouldn't screw you, if you can read character well, out of self interest.