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  1. paulzag

    Nothing Down Deals

    Actually Rixter your ROI is not 1000+% nor infinite (as a $0 down deal would result). ROI is Return On Investment and includes borrowed funds in traditional calculations (pre-Enron?). Your Cash-On-Cash return is infinite. That's E on your calculator ;) I also like to calculate returns...
  2. paulzag

    Nothing Down Deals

    Thanks Rolf I think having no cash gives zero room for error. On the other hand it means I was very careful to triple check everything. I've done deals when I was so broke I couldn't get a cheque accepted(!). Tricky but not impossible. I learned how to win friends and influence people...
  3. paulzag

    Nothing Down Deals

    There are lots of creative deals. no money nothing down zero cash Don't get caught up in semantics. How would you feel about making $7K in 2 months for a $500 deposit. How about $24K gain in equity in 7 weeks? But what if in that 7 weeks you had paid 100% in cash (credit card...
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