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If he got a loan, it wouldn't be 0% down because it would be on investment terms not residential terms. Chances are a $30K house needed improvement before it co
by poulsbohemian 6y ago
If he got a loan, it wouldn't be 0% down because it would be on investment terms not residential terms. Chances are a $30K house needed improvement before it could be rented, and rentals are seldom free to run either -- there's ongoing maintenance, there's the carrying costs between tenants, etc. Calling the parent poster a slumlord without facts when your account is just a few hours old is pretty lame.