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re: I posted on PoliBoard, but you OT ballers will like it, too

Posted on 12/14/15 at 11:39 am to
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 12/14/15 at 11:39 am to
quote:

I put zero down on my first home purchase?


Nothing is necessarily wrong with it, but it depends on the buyer and what you bought the home for. Low income families should not be able to put zero down, no exceptions.
Posted by X123F45
Member since Apr 2015
27625 posts
Posted on 12/14/15 at 11:43 am to
quote:

Nothing is necessarily wrong with it, but it depends on the buyer and what you bought the home for. Low income families should not be able to put zero down, no exceptions.



Bought a 130k house for 65k in college making 16k a year. Sold three years later for 110k after pouring work into it.

Paid cash to build micro home... Now we're in our fourth year of living cheap and saving.

Why not?


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