Open Brainstorms
How do you scrape together enough money for a down payment on a house when you don't have rich family members?
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Brainstorm Info
| Creator: | anonymous |
|---|---|
| Created: | over 6 years ago |
| Activity: | over 6 years ago |
| Users: | 1 |
| Ideas: | 8 |
8.
Check out: http://www.homeequityshare.com/
7.
Buy a run down condo... cheaper than rent and you build equity. Better than throwing it away on rent.
6.
Get a second job and save ALL the money from that job.
5.
apply for "Affordable Housing" programs ... house cost and the downpayment is lesser than the market
4.
Contact Fannie Mae or other financial companies who help first time buyers.... It doesn't take much to buy a new house or condo.
3.
Split a bigger house with another family, ask them to put down payment, you can do their dishes for them and mow the lawn and clear the snow in return
2.
Start a business, earn well first, then buy a house
1.
Save money from your job