HOW CAN YOU ACQUIRE A HOME WITH AS LITTLE AS 5% DOWN? OR IS THIS EVEN A GOOD IDEA?

How can you acquire a home with as little as 5% down? Or is this even a good idea?

 

 

Q….. How can you acquire a home with as little as 5% down? Or is this even a good idea?

from Zoocasa ASK the Pros

A…….If you can be approved for a 95% loan and you are confident prices will be higher for that property in 1-2-3 yrs (whenever the bottom is) then go ahead.

After the “dip” we’re going to see rapid inflation/currency devaluation and home prices will soar

You gotta live somewhere and if you rent in the meantime, you’ll get no return on your monthly investment.

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One thought on “HOW CAN YOU ACQUIRE A HOME WITH AS LITTLE AS 5% DOWN? OR IS THIS EVEN A GOOD IDEA?

  1. Pingback: 40+ “nobody ever explained it like that” Answers to Realty Questions (from my Nov 19/13 Post) —a revived tradition #UncleBobExplains | unclebobexplains

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