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Updated almost 18 years ago,
100% financing
Someone I know is looking to purchase a 3 family for 100% financing...no doc, is this possible? Eith all the mortgage regulations going on, I don't think so.
Also, this person said the the purpose for them purchasing this 3 family is to have a tax shelter...does this make sense?
What other things can a person to do for tax shelter purposes?
thanks in advance.