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If you couple this with an FHA loan that ONLY requires a 3.5% down payment, then you could be getting into a home with No Money Down. The Forgivable 2nd Loan also offers the 3.5% assistance towards your down payment if your household income is below OR equal to the 115% of the median income for the county.
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Hard Money Lenders and Down Payments. When you’re just starting out in Real Estate Investing using Hard Money Loans, you might be wondering. "Is a down payment always required by hard money lenders?" Unlike most hard money lenders, DoHardMoney does NOT.
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