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purchase money: FHA / Conventional mortgages OR Cash purchases??? - 02/24/08 03:17 PM
 

Okay, so you have $200,000 sitting around and you feel like investing it in a home or two. Sounds like a wise investment, only if you plan on flipping the home. 
Kent Simpson talks about the abundance of cash buyers in some areas. Read this for more info : If There's A Recession On---Why Are There So Many Cash Buyers Right Now?
Personally, this is great for a realtor because they don't have to go through the headaches of waiting for the borrower to be approved for a mortgage. But is this the right decision for the person buying … (16 comments)

 
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Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

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I just want to educate people about mortgages and the process. In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.







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