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Updated over 3 years ago on . Most recent reply

User Stats

68
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38
Votes
Oladimeji Sonibare
38
Votes |
68
Posts

Using 0% down to my advantage.

Posted

Buying property with 0% down seems to really place limitations on the kinds of properties I can afford. My monthly payments are too high as a result and this makes virtually every cash-producing property (I have come across) one that I would, be losing money on, after taking into account the cost of managing the property.

How can I keep upfront costs low while maximizing my return? Any tips on how to actually use 0% down to my advantage? I am based in the Northeastern US, so perhaps I would need to try another market? Thanks in advance.

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