This reduces the total "cash to close" needed at the finish line. Short-term loans from private investors. They focus on the home's value, not your credit. Warning: These come with very high interest rates. ⚠️ Potential Roadblocks
Many foreclosures are in poor condition and won't qualify for standard 0% down loans. In these cases, you might use: Allows you to roll repair costs into the mortgage.
Similar to the FHA 203(k) but often has higher credit requirements. 💡 Creative Strategies
You may be outbid by "all-cash" investors who can close faster than a zero-down buyer.