Pharm Tech Titans

Have you ever seen those infomercials about buying houses with “No Money Way down?” They are really done well. They have every kind of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely necessary out of its pocket. Find this guy, standing on a street corner, talking to someone, anf the husband says, “I own that one,” pointing to a ravishing colonial. “I also own that one next to it, as well as the one two doors down, and We are closing during the one directly across the road from it, next week end.” He then assures us that he’s purchased 17 homes your market last eight or ten months, with zero money down about the properties. Plus, in many cases he’s also paid no expenses.

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This is what people who buy houses, using the absolutely no Money Down plan envision happening. After all, if can purchase one from somewhere house simply no money down, why not five or ten or fifty? Remedied reason – the vision of the dollar sign, most likely – I failed to seriously consider the upkeep of these houses, the possibility for missed rent payments, as well as the chance that renters may possibly stop paying, altogether, forcing me to evict them – a time-consuming and really costly challenge.

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