Is this legal? - Posted by patrick

Posted by JoeS on March 13, 2002 at 16:12:10:

If this is a lender doing it, go for it! You must have outstanding credit. If they will follow through on what they say they will do, hold onto this lender like a “brick of gold!”

Is this legal? - Posted by patrick

Posted by patrick on March 13, 2002 at 10:29:15:

I met with a lender yesterday who is willing to do this for me: Loan me the cash to buy my first rental property with zero down and tie the closing costs into the loan. Is this legal? I thought investment properties needed like 20% down. Or is does that just depend on the lender? This might be a stupid question, but thanks anyhow.