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Question: What is it “no money down real estate”?
Answer:
Question: “i heard about just term called “cram down” in real estate.”?
i’m from CA does this exist? sound a lot better than getting a hoping from a loan modification.
Answer:
Answer by quizzard123
cram down is a legal term for a court ordering a reduction in the principal balance when a debtor goes bankrupt. In essence, the court can order that any principal in excess of the appraised value is lost in the bankruptcy.
So unless you’re upside down (the loan is more than the value of the home) AND in bankruptcy, it doesn’t apply to you.
It’s also very rarely done even if the conditions warrant it. Generally, it’s done if the home value dropped significantly because of extraordinary conditions.
Kevin Amolsch explains how to buy investment real estate with no money down. This is an exciting new strategy to buy rentals with little or no money down. This is not a late night TV sales pitch. This is what is working today. Here are some actual case studies!!
Learn how to buy investment real estate with no money down. This is an exciting new strategy to buy rentals with little or no money down. This is not a late night TV sales pitch. This is what is working today.
Question: “no money down real estate system”?
Hey everybody, has anyone out there ever used the seemingly popular “no money down real estate” system? Particularly the one Robert Allen promotes? If you have please share your experience including any fine print, things they don’t tell you, etc. Cuz I’ve seen infomercials about this for years from many different people, but I’d love to know what the actual program involves. Thanks.
Answer:
Answer by frankie b
They are basically legal scams. Their systems do work but only in select markets. If they made all this money buying and selling real estate they would not need to sell books. This is where they really make their money. Trust me they are a waste of time, and money.
In a move that could damp hot money from foreign funds into the real estate sector, the government is looking announce fresh riders which will lock all funds into the sector for three years. The rules may be announced by the end of this month.