Who Else Wants To Buy Rental Property With Zero DownWritten by Matthew Allen
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The zero down rental property loans are structured as an 80/20 loan. In other words you are getting two loans. A first mortgage at 80% of purchase price and a second mortgage at 20% of purchase price. You also have several other options as far as choosing an ARM, a fixed rate product, or interest only. These loans also have pre-payment penalties. Unless you live in a state where pre-payment penalties are not allowed. Often time you can have seller pay up to 2% of purchase price towards your closing costs. If you get seller to agree to this. You may only have to come in with 1.5% to 2% of purchase yourself in closing costs. If you truly want to buy rental property with zero down. You will want to call your local mortgage broker and find out more information or even see if you qualify. Of course if they do not offer this type of program keep calling until you find someone who does.
Matthew Allen is a mortgage loan officer with Action Brokerage Services, Inc. in Medford OR. He is also the author of "How To Buy A Home With Zero Down and $1,500 Or Less, Even If You Have Damaged Or No Credit". Visit his website at http://www.realmortgageadvice.com
| | Matthew Lesko, Savior and Friend of the Poor ViewerWritten by N Powell
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even teaching them fine art of scamming us hard-working folks.
As well as being a comedic talent on late night television, Mr. Lesko is a prolific author on subject of obtaining free government money. He claims to have written over 70 highly successful books, some of which appeared on New York Times Bestseller’s List. These books include How to Write and Get Grants, Free Money to Pay Your Bills, Free Money to Change Your Life, and Free Money for Small Businesses and Entrepreneurs.
According to Matthew, government has tons of free grants waiting at its doorsteps. The free moneys that our government wants to give away are those that welfare recipients are familiar with and usually get: food stamps, Medicaid, and Medicare. His ideal client is poor viewer who actually buys those books when he or she can get money free anyway, provided they meet necessary qualifications. Since free money is normally reserved for poor, Matthew Lesko believes that we, viewers, are entitled to it.
The level of fame that Matthew Lesko has is astounding. He’s so famous that he appears only on late-night television. He’s so famous that he feels justified to drive around in a car plastered with neon question marks. He’s so famous that he’s allowed to infiltrate our lives, and as obnoxious as he may be, dutifully appeal to our righteous sense of entitlement and indignation of government wrongs.
What we as consumers have to remember is what valuable a service our TV hosts offer us. As it says on Matthew’s website, “Let Matthew be you guide to free money.” He’s so incredibly good that he’s got New York State Consumer Protection Board on his tail. Says a lot about our TV friend, doesn’t it?
Johann Erickson is the owner of Online Discount Mart and TV Products 4 Less. Please include an active link to our site if you'd like to reprint this article.
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