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Updated 10 months ago on . Most recent reply

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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Can I put 0 percent down if my purchase price is .75 the appraised value

Yocheved Beer
Posted

Hi all,

I have found a house in Lehigh acres Florida for a purchase price e .75 of of the appraised  value and it is for sure a 1 dscr.

can I immediately buy this for  0 Dollars down

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I don't know of any mortgages where you can put no money down.  You could put 20% down, then refinance and pull it back out...so effectively zero down.

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