Zero Money Down New Housing Developments?

[Kathleen McCabe]

Hi BP Community!

I'm actively saving money to get my first deal, and am considering many different strategies... Brrrr, Turnkey investing, Hard money etc. I'm an avid BP podcast listener and I've learned that the less money down you can put into a deal, the faster you can move forward on to your 2nd and third investment homes etc. 

Recently I've learn of some no-money down, new housing developments new Dallas TX. This seems a bit too good to be true...Has anyone invested in a similar community? I know zero money down will decrease cash flow... but for a completely NEW house and zero money down, minimal cash flow may be justified.

Thoughts on this strategy?

Thanks,

Katie