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Updated over 6 years ago,
0 Down financing on new construction loans
So once upon a time it was actually possible to get 0 down loans for long term rental investing on new construction. Essentially using the project itself as collateral. I understand it’s pretty much impossible with today’s banking regulations, but just curious if anyone has pulled it off in the last 5-10 years?
I’m talking about 800+ credit score, proof of concept with correct bids for the build and correct ratios, and need for specific niche in the area.