Posted by hg(nyc) on November 30, 2000 at 19:46:02:
No money down is more or less for someone who does not have to worry about bills for the time being. IOW, they have another source of steady income such as a job to cover the monthly expenses.
Lease options and flipping properties/contracts are for building immediate cash. Both are about neck and neck for doing in a certain period of time. Depending on your market. You can find someone to l/o in one week and have a tenant/buyer in one-two weeks.