Thoughts? Zero down payment loans are now available for REI

[Andrew B.]

Hey BP,

Just ran across this article and wanted to get the community to chime in on what you all thought about a product like this and how it might be utilized.

Is there really a need for it? Do you think it is useful? Is it already being done in other ways?

I thought it was interesting but not sure if it matters. My first take is it is nothing more than a marketing ploy. Aren't there other ways to accomplish basically the same thing?

https://www.housingwire.com/articles/48921-zero-down-payment-loans-are-now-available-for-real-estate-investors

Have fun! Looking forward to the responses.

Andrew