Skip to content
Real Estate Deal Analysis & Advice

User Stats

10
Posts
2
Votes
Phillip Kim
  • Philadelphia, PA
2
Votes |
10
Posts

100% Financing, Zero down, and No PMI

Phillip Kim
  • Philadelphia, PA
Posted Nov 6 2017, 10:30

I am soon to buy my first Real Estate property using 100% financing from a local bank. The property is a duplex located in the suburbs of the Philadelphia region. The lender does 100 financing with no PMI. I know there are positives and negatives to this strategy. However, is this a good way to get started being my first property? What are some serious things to consider? Are there any serious negatives to this strategy?

Loading replies...