Posted by Brent_IL on January 29, 2002 at 01:28:02:
I realized that I didn’t answer your last question.
The answer is yes. In today’s market, one can buy with no money down, with no cash, and with terrible credit. To do so requires knowledge of the local market, a basic understanding of real estate jargon, and the ability to make a financial calculator effortlessly sing a siren song for the seller.
You’re substituting knowledge for lack in other areas.