The title may seem to be good to be true, but it isn't. You maybe able to buy a property at as low as 6.5%, tomorrow, with as little down as $1,000 and no closing costs upfront.
How does this work? The Veterans Administration forecloses on homes and sells some of them with vendee financing on a bidding process and requires no credit check. The highest bidder wins! They will even finance your closing costs for you.
The catch is a lot of these homes are in out of the way places. So, if you don't mind having your first investment property being a couple hours away, now, maybe your chance to become the next great investor.
For more information on owning a VA foreclosure home, please feel free to contact me anytime.