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How To Buy A House With No Money Down




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Title :  How To Buy A House With No Money Down
Lasting :   11.30
Date of publication :  
Views :   98 rb


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Comments How To Buy A House With No Money Down



Tina Woodward
Hey Doug, I live in Hawaii Want to help me?😂
Comment from : Tina Woodward


Hernan Colmenero
Doug, what if the seller doesn’t owe anything on the house? Does that help or hamper my offer?
Comment from : Hernan Colmenero


Paola Bardales
How do you create the contract with that kind of deal? …Don’t get me wrong sounds good you will still have to pay attorney fees and also the house won’t be under your name How you refinance?
Comment from : Paola Bardales


Ruby Haq
Subject to and seller financing! Excellent!!
Comment from : Ruby Haq


Eric Robinson
How would I write the contract to force a discussion? Or it just a verbal offer?
Comment from : Eric Robinson


magyarian1
So where is the 75 percent interest getting generated from? Are you basically using an IUL that you had funded prior to the transaction and taking a loan against it to pay the interest amount, ans your son assumed payments to the seller in an agreement to pay through a third party? What did I miss?
Comment from : magyarian1


Mtunliksa
My stupid brain still confusing How can’t I not put down 💸at all? I need HELP so badly right now cause I am renting this house since 2013 and got a bad news this morning that the landlord wants to sell it in two months 😢 I never owned a house and all I wanted now is to buy a house but I have no money Everywhere is skyrocketing right now in Tampa, Fl 🤦‍♀️
Comment from : Mtunliksa


Evelyn Soto
The person would have more money if it would of been a 7 percent on the whole 160000 he didn’t know he’s numbers
Comment from : Evelyn Soto


l mays
How do you find for sale buy owner
Comment from : l mays


The Wealthy Idiots
It’s an interesting concept, how does this work over a real estate bear a market?
Comment from : The Wealthy Idiots


Habib Khalid
Try to teach people rather than showing off
Comment from : Habib Khalid


Timmie Waters
What contracts would I need for this strategy?
Comment from : Timmie Waters


fojeba
Could you make a video on investment mortgage for rental purposes Is it possible to buy a property and make sure that the rent covers mortgage cost and any additional fee like maintenance fee and taxes ?
Comment from : fojeba


annesley rademeyer
Dear Sir, you are an absolute genius, thank you for sharing this strategy
Comment from : annesley rademeyer


NeniComixTV
70k subs is too small , people are crazy for not subscribing you
Comment from : NeniComixTV


shaival satyarthi
I liked the idea, how your son could cash refinance, when house is still in the name of old owner ?
Comment from : shaival satyarthi


Realsteel12
House's in NY ,Brooklyn, Queens is ridiculously high for low quality Im talking about a 40 to 70 year old house for 1mill How do I get around that
Comment from : Realsteel12


FactsPirate
The main issue is realtors You have to be able to talk to a homeowner directly to create such a deal and a realtor does not want this to happen
Comment from : FactsPirate


The Okie Entrepreneur
So the lender allowed them to transfer the ownership and debt to your son? Because he needs that to get the cash out loan
Comment from : The Okie Entrepreneur


Rosie Santana
I'm interested
Comment from : Rosie Santana


Journey with Jen ☀️
I'm assuming you drew up the contract yourself Where would a person that does not know how to formally write a contract go to when buying from owner?
Comment from : Journey with Jen ☀️


Jels
How can I have a conversation with you?brbrhow would this work to build a home?
Comment from : Jels


Ali Barr
One of my favorites of yours!
Comment from : Ali Barr


Li Ming Gao
where to find such cheap house in California?
Comment from : Li Ming Gao


Locdness Monster
U forgot to say “you gotta be white”
Comment from : Locdness Monster


Adnan Khan
Paying on $120,000 mortgage, how is that 0 DOWN payment ?
Comment from : Adnan Khan


Hilda Villalta
Thank you 😊 never understood better than now
Comment from : Hilda Villalta


Randomness
I’m 21, 756 credit core, do have a financed car and money saved up need some help for the next move want to get out my parents house
Comment from : Randomness


Loki
Please help me do this I have 5 girls and im tired of paying rent and having to move a couple years later with nothing to show Please 🙏🏼 Please
Comment from : Loki


TallNerd
I understood perfectly 😅
Comment from : TallNerd


台韓夫妻在加拿大的新生活
The problem is how the seller could trust you with the credit you write, I don’t think this sounds possible for majority of people who don’t have the down payment
Comment from : 台韓夫妻在加拿大的新生活


LimitedTimeEnt
i dont understand what it means that they would credit him 75 on the 40k in equity tho, how did that work ? they would pay previous owner each year or what? would he be making payments on that too??
Comment from : LimitedTimeEnt


Willy Gitanga
So how do you structure a contract of such a deal?
Comment from : Willy Gitanga


Lasi Fulz
Did the owners just sign over ownership to your son ?
Comment from : Lasi Fulz


Ubergirl Barbara
So I think it is important to decide what a home is to you what it looks like and what about forever homes would this formula work or does one need to keep moving…
Comment from : Ubergirl Barbara


Ubergirl Barbara
This sounds good could you send me a contract!!!!
Comment from : Ubergirl Barbara


Javier Morales
Ok, what the hell are you saying again?
Comment from : Javier Morales


Emma Madison
AWSOME
Comment from : Emma Madison


Chris C
In the long run, didn’t the son have to make larger interest payments? Mote than he would have than if he had mortgaged it from a lender?
Comment from : Chris C


Shelli Mendoza
I have to sign a new lease on apartment, I'd so rather buy a home ASAP
Comment from : Shelli Mendoza


Miguel Barahona
For the regular folks saying this is impossible to do, please stop thinking like that you limit yourself from opportunities If you are scared do some more research I promise you this video is just a kickstarter, once you build the foundation you will be able to do it
Comment from : Miguel Barahona


BankSy Volare
Great advice 👍
Comment from : BankSy Volare


Natures Dream
Still didn't actually say how to get the house if you're broke
Comment from : Natures Dream


Erick Martinez
I’m confused on the equity How does it go from 1 to 7 does that 7 come in the monthly payment? I’m confused,
Comment from : Erick Martinez


Al Bongo
Amazing breakdown, true pro
Comment from : Al Bongo


Missy Skeeter
Any suggestion for asset-rich retired folks? For example, we have $25 million in retirement funds and a $400,000 house that was paid off years ago The problem is our DTI is > 40 so we do not qualify for a traditional mortgage We choose to limit our income because we do not have any major expenses and we save over $25,000 per year in health insurance premiums via Obamacare and our tax bracket is 12 We are keeping our house that we own outright for our children and not selling it in the next five yearsA Roth IRA would be a good solution , but my corporation did not have one We could easily increase our income, but that would change our tax bracket from 12 to 24 and we would have to wait to 2023 for a higher income history to get a traditional home mortgage
Comment from : Missy Skeeter


amaryon bates
This is so situational
Comment from : amaryon bates


Ellen Fern
I'm trying and I need help I dont know where to start or who to trust
Comment from : Ellen Fern


Juan Ortiz
This makes a lot of sense One of those thinking out the box situations
Comment from : Juan Ortiz


Nelson Valladares
That's very interesting Please tell me how do i get Láser Fund?
Comment from : Nelson Valladares


John Hands
Information is very very important
Comment from : John Hands


Yves Valentine
@Doug can you please show me how to do this I'm based out in Massachusetts
Comment from : Yves Valentine


Diamond Raven
Wait What
Comment from : Diamond Raven


inside Bre And Jarrel
Help me buy a house please lol
Comment from : inside Bre And Jarrel


Wabajack
Wish I had that kind of help
Comment from : Wabajack


Mies G
Most all mortgages have a "due on sale" clause How do you get around that?
Comment from : Mies G


Aimie Mills
My dream is to buy a home My family have always bought mobile homes and I want something solid to pass down I am always good on my bills but adult life tends to get in the way of me saving up more than $1000 I would love to get some mentorship on how to apply this method to my own situation
Comment from : Aimie Mills


Nathan Thompson
I must be high because I still don't understand how you promise them 75 on their equity and where that will come frombrI want to quit my job and do this but I'm not completely sure what to do
Comment from : Nathan Thompson


Bradley P
This may be good advice for someone who's a professional financial adviser Ordinary people would have a very hard time convincing a seller to trust them to build on the equity of their former home
Comment from : Bradley P


tomy alain
i dont know were you from, but here in canada no money, no candy thas it
Comment from : tomy alain


Francesco GS
For all the right reasons this all comes across as wrong … so good luck !
Comment from : Francesco GS


JTN
this is possible but I think depend so much on the circumstances wont work everytime or in big market
Comment from : JTN


Garry Armstrong
Great video!
Comment from : Garry Armstrong


Fco Ricardo Conchas
You knock it out the stadium man !!brCan you explain the final process how to legally the arrangement and terms ? brExcellent content man 👌
Comment from : Fco Ricardo Conchas


blue sapphire
Still made no sense 😥
Comment from : blue sapphire


PS DaCharm
Go Doug!!! This is Brilliant!!!! Good Deal! Thank you so much for this amazing info!!!!❤️❤️❤️❤️🥳👍👍👍Now we can learn how to get more done with little effort!
Comment from : PS DaCharm


Esther Jaedi
Nicely explained to understand Thank you
Comment from : Esther Jaedi


amber hill
Holy Molly ! I just found my long lost Financial God Father!!🤩Amen
Comment from : amber hill


Cameron Gampp
There’s a hint of Jeff Goldblum in your voice
Comment from : Cameron Gampp


Dzenan Sijkovic
Dont you have a profit taxes?
Comment from : Dzenan Sijkovic


Anastasia Kolomoytseva
Buying a house by magic
Comment from : Anastasia Kolomoytseva


Zahira Sohan
Can you help me
Comment from : Zahira Sohan


Zahira Sohan
Where are you located , I am in New York
Comment from : Zahira Sohan


Victoria Papesh
I'm a new subscriberbrThat's amazing💝
Comment from : Victoria Papesh


David Cascone
How do you find those properties?
Comment from : David Cascone


Mami
Is there websites to find fsbo (home owner) listings ?
Comment from : Mami


Jennieve Barrett
I’m lost… I don’t have any money I just want to know how to get a house with now money down
Comment from : Jennieve Barrett


annie lin
Andrew will you have a step by step course teaching us how to do this?
Comment from : annie lin


annie lin
I live in Brooklyn New York, can I purchase a property in Nevada or Arizona?
Comment from : annie lin


annie lin
Is this still possible Andrew in 2021?
Comment from : annie lin


Carlos Orantes
It’s not that sample
Comment from : Carlos Orantes


He Breathes
Can I do this in Germany legally?
Comment from : He Breathes


ArañaBélica
Does not make sense
Comment from : ArañaBélica


Harith Alwan
What is a laser fund?
Comment from : Harith Alwan


tekstyle38
is in your example does that mean the percentage I would have to offer the seller is a higher interest than the current mortgage on the equity or as long as it is higher than their alternative form of passive income ( in this case bank interest)
Comment from : tekstyle38


Ice Cold Takes
75 on the cash out refinance on 230,000 is 172,500 So how did he pay off the 70,000? Needs $190000 right?
Comment from : Ice Cold Takes


Ecologygarden
I'm bit confused ( not being very mathematically minded) does your son credit them just the 7 and half percent ? ie 30,000 of the 70,000 So as well as the 120,000 he also has to pay 30,000 (7 half percent) does he have to pay the 40,000 also ? How were all these payments made ,? monthly to the previous owner? How much per month or was the 30,000 payed in one chunk ? How do you do the mortgage contract do you use a soliciter ?
Comment from : Ecologygarden


Austin SOLDano
Gotcha so you figure out the equity tell them you will pay them 75 on that equity in trade for the house essentially I guess there has to be a good enough reason to get paid interest on that equity huh? Is this a successful method most of the time? brbrThanks!
Comment from : Austin SOLDano


Happiness is present ICU 행복한 하루
Can I work with you?
Comment from : Happiness is present ICU 행복한 하루


OU8Aspark
This doesn't make sense to me 1 Take over the Mortgage payments?, 2 Get a mortgage in the future so that you can pay the original owner more than $40,000?
Comment from : OU8Aspark


Jack Gardner
Yeah because this situation just falls on your doorstep! How many REAL people would agree to this
Comment from : Jack Gardner


Millz Black
That was a very interesting video but I still don't understand how do they get their money?
Comment from : Millz Black


Relaxation And Meditation Sounds
Wheeeweeee He is so smart!
Comment from : Relaxation And Meditation Sounds


mostlykeith
Isn’t this how the so called “Sub-Prime” crash started in 2008? Too many penniless wide boys wanting to make easy money with no deposit
Comment from : mostlykeith


Tony Montana
Vid starts at 5:00
Comment from : Tony Montana


Mustafa Coskun
My question is how the seler paid $120,000 to bank they owed?brbrOr your son did subject to deal ?
Comment from : Mustafa Coskun



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