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So, can this often be done? Is it possible to purchase houses with no money down? Are you able to become a landlord within one month's time and commence raking inside of cash from those rent payments? The answer is an absolute "Yes." May possibly be done, and i am proof positive, because I did it. Specifically you should be asking yourself is not intend to buy property with necessary down, but should That i?
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This exactly what people who buy houses, using no Money Down plan envision happening. After all, if you're able to buy one house with no money down, why not five or ten or fifty? For some reason - the vision of this dollar sign, most likely - I failed to think about the repair of these houses, the possibility of missed rent payments, along with the chance that renters could possibly stop paying, altogether, forcing me to evict them - a time-consuming and really costly escorts london participating in.
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