No money down and Low Mortgage rate

Here is a townhome priced at just under $300,000 in East Point, very near Camp Creek Marketplace, I-285 and near the airport. It has 4 bedrooms and 3.5 baths and was built in 2022. You can get this home for no money down, no private mortgage insurance with the seller paying for most of the closing costs and 2/1 buydown, that will lower the first year’s mortgage rate to well under 6%. Since it is a 2-story townhome with a finished basement (with full bath, closet space and refrigerator and sink), it is a great starter home where you can rent out the 3 bedrooms on the second floor. It is conceivable that you hardly pay for anything monthly if you have roommates.

Too good to be true? It may seem so, but since I did it myself, I know this can work. The only thing that stops people from purchasing this is a lack of long-term vision. No one says this has to be your dream home. It just has to be a home that you can live comfortably and can househack. This is how you build wealth…..one house at a time if you have the time. Here is a link to the home for details.
https://www.zillow.com/homedetails/2822-Laurel-Ridge-Cir-East-Pt-GA-30344/249115208_zpid/?view=public

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