Archive for the ‘real estate’ Category

Why Dave Ramsey is Wrong

November 19, 2009, Posted by admin at 11:40 am

I am sure to receive vast amounts of hate mail from die-hard Dave Ramsey followers, but the fact is that creative financing is smart business. If you have ever attended the Financial Peace University (FPU) classes at your local church or another location, you know that Dave Ramsey teaches you that you need to pay [...]

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No money down seller financing

July 16, 2009, Posted by admin at 3:08 pm

Creative financing happens to be one of my expertise. I bought a huge 5,000 square foot historic victorian mansion for $40,000 using a contract for deed. And I had the seller financing it 100% with zero down over 15 years at 10% interest. It resulted in a monthly payment of $430.
The reason why this seller [...]

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