PMF Partners Insights
The 5 Biggest Lies About Financing Told By Real Estate Gurus
Originally published in 2019. Specific interest rates, loan sizes, and program details have likely changed since. For current terms, please contact PMF Partners.
1. That you can buy real property with no income, bad credit and no money.
2. That you can “over leverage” a property and obtain financing for more than 100% of the purchase price.
3. That lying about living in the property you’re buying on your mortgage application isn’t mortgage fraud.
4. That financing commercial real estate is the same as financing residential real estate with just “ more zeros.”
5. That the list of “private” lenders given to participants of the $40,000 “platinum” program is a proprietary list only available to them.
*Bonus 6. That mortgage brokers and lenders don’t run the other way when contacted by a “graduate” of a real estate nothing down program.
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