Recent content by mossman
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How do people buy apartments for little or no money down?
I'll keep that in mind. I may just talk to my loan officer and see what we can work out. There are a couple single family foreclosures in my area for real cheap. I wouldn't have the money to fix the property though, and I'm positive it needs a significant amount of work. I could just...- mossman
- Post #19
- Forum: Mindset and Self-Development
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Newbie
What do you mean by a "vending route"? Not sure I have the time to run a business, nor would I know where to start. I don't have much to offer, but my wife is full of talent. She recently started making custom beaded jewelry as a hobby and decided to have a jewelry party to show off her...- mossman
- Post #7
- Forum: Introductions
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How do people buy apartments for little or no money down?
I thought of negotiating with the bank if the interest rate gets out of hand (don't expect it to anytime soon), but don't think they will do much considering it is an investment property. I'm not in danger of missing any payments, nor have I missed one over the life of the loan. As long as I...- mossman
- Post #17
- Forum: Mindset and Self-Development
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M
How do people buy apartments for little or no money down?
The first home (the one I am renting out) was my first home purchase, which I bought about 5 1/2 years ago. My wife and I were looking to upgrade, so when prices began to drop over the last year, we decided to take advantage and bought our second home for a great price (both homes are in...- mossman
- Post #11
- Forum: Mindset and Self-Development
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Newbie
Thanks for the warm welcome. Might I add that I am interested in learning more about residential real estate. I currently own two homes, one of which I rent out, and want to learn how I can make some additional income while securing my financial future. Looking forward to meeting all of you!- mossman
- Post #5
- Forum: Introductions
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Newbie
I decided to join this forum to get advice primarily on real estate investing and other investments I can make to secure my financial future. With the stock market in chaos and my 401k account diminishing, I would rather invest my money in other places. Investing in the stock market seems like...- mossman
- Thread
- Replies: 6
- Forum: Introductions
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M
How do people buy apartments for little or no money down?
I bought my second home a few months ago with no money down and now rent my other single family home, which I also bought with no money down. What exactly is "risky" about no money down loans? I have great interest rates on both properties (5.75% and 5%).- mossman
- Post #6
- Forum: Mindset and Self-Development
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