100% Financing for Home Buyers ($0 DOWN)
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- čas přidán 22. 03. 2024
- Thousands of people purchase each month in the United States with just $1,000. They do this with what is called a USDA loan. These are loans guaranteed by the United States government and yes...it only takes $1,000 down.
Now there are closing costs to get these loans but most of the time a good real estate agent can negotiate on a buyer's behalf for the seller to pay the cost for the buyer. This leaves a buyer with just needing the money for an inspection and an appraisal. Both of which cost close to $1,000 combined.
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For more questions, anyone can book a call with Wayne to discuss their specific goals and individual needs to set a plan to become a homeowner.
Foreclosures for Sale: www.foreclosure.com/?rsp=3820
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DISCLAIMER The contents of this video are for strictly educational and entertainment purposes. This video is not intended to provide financial, accounting, tax, or legal advice. For financial or legal advice consult with a financial advisor or lawyer. I may earn commission from purchases made through links in this post.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Maria Davis.
30 years ago i bought a house. The Government paid for inspection, down-payment and closing cost. I just have to have 1000 dollars in my savings which rolled over into a subsidy maintenance of which 25 dollars of my mortgage each month goes into an account in case of maintenance on the house and it stacks up.used some and got alot of it back when i paid off the house. So yah you can do it , I did and I'm still here😊
Taxes and insurance are getting more expensive than mortgage payments these days .
TRUTH! ESPECIALLY IN FLORIDA
💯 especially in Florida 😢
What is great about these is that they are taking low income, low credit score people and expecting their credit report to be perfect. You don't have a 680 credit score because your credit is perfect! We tried this and it didn't work for us.
This year 2024,don't set your financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?
You're right, based on personal experience working with an investment advisor, I currently have over $400k in a well-diversified portfolio, that has experienced exponential growth. It is not only about having money to invest in stocks but also you need to be knowledgeable, persistent, and have strong hands to back it up.
@@Austin-Donald.How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@@SheydaHasanMarie Ann Treloar
She’s the license coach I use.
Look her up on Google you will find the necessary information and also her web page to make a contact and schedule an appointment with her
USDA loans have been around a long time. They are only on certain areas and pockets of areas. These loans along with va loans historically performed pretty well. Also to get your loan, have paystubs, tax returns two years, divorce decrees and cancelled checks for rent and alimony etc.
Great Content Wayne! You are teaching me things I didn't know about USDA loans.
Very informative ❤
Love your videos.
Tank you
Man, i have to say you been a really helpful in this journey and your video are alway helpful. it might seem like your saying the same thing over and over. But ty again it really helps when you provide info and reminders of what available because it can get overwhelming at times. Ty again!!!
I used an Agriculture loan to buy my place! I did it that way because I’m not planning on putting a cabin on it right away (I will but later). I never thought about it for a regular house…
Thanks again for another informative video, Wayne!
Any way you can make a video about preventing a property from being taken over by squatters?
I'd cameras setup and dogs. Maybe even cameras inside the house thst way you can get authorities to get them out immediately. Have copies of your house note so you can have proof. I don't have a house but these are the steps I'd take.
Wayne do y’all work in the outer Dallas and outer Nashville areas?
what's the bottom end income, like for those of us on social security low fixed income.
Can you use this loan to build a home 🏡??
Do they offer this in Florida?
Can you help my husband and I? We live in California though, and we’d be first time buyers too.
Can you but a home this way if you own a rental property but are renting now?
HI, I would like to know if the 15minute call is free? I have minimal debt, middle-class income and a 770x ALL FICOS. I'm currently in a suburb but I'd like to move somewhere more rural.
you need to do a vid about squatter rights, that will get your channel up in to space!
ive considered writing an app that maps houses wealthy investors leave vacant for tax loopholes then advertising it homeless areas.
I need help! I live in TN need help getting a loan.
You can purchase a house the way Wayne explains it and there are so many programs to help with down payment and closing costs, however what’s not talked about is the payment, plus the homeowners insurance and taxes. With the interest rate so high and a decent house selling for $200,000. and up then your payment is going to be about $3,000. a month or more depending on taxes and insurance. If you’re currently paying $2,000. In rent and up then maybe you can qualify. Lenders look at how much you earn, how much you owe, how much you have in savings and of coarse your credit score. Don’t pay anyone to improve your credit score because they can’t but you can by getting your credit reports then dispute anything on there and paying your bills on time and only using 35% of the credit available to you on your credit cards or loans even better if you pay them off each month. I wish everyone could have a home it’s something that everyone needs❤️
Hi great video Wayne. Can a Canadian buy any of these houses?
Likely not.
I get why you'd want to come here after recently buying food there! Jeepers! We cut our visit short!
Best you look beyond the US 😉
What if you don’t work and you’re retired??
Yes, they'll accept you, as long as you qualify income-wise, etc., like everyone else.
How about if you are retired but have 2 sources of income 🤔
Wayne can USDA loan be used to purchase undeveloped land?
Following...
No
You need a land loan. We just got one that’s how I know. If you want to build on it then it would be a construction to perm
Rates are higher in a land loan than a mortgage for a house
Would this loan be available for land?
No, they want you to be getting a house.
Annual income of around 23k (Florida), credit rating high 700's, no debt, employed steadily since age 17 (1996)...What are my chances?
We are over 60 first time we want our home and we made about 35.00 is there hope for us?
I am collecting Social Security & my income is below $20,000. I live in Chaska, Minnesota. I’m currently in a Low Income Senior Housing, HUD. Is it possible to do this with those parameters. I’ve never owned a home, never been married & no children.
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America..
Same here, with my current portfolio made from my investments with my personal financial advisor I totally agree with you
Wow! Kind of in shock you mentioned expert,elizabeth ann graney. What a coincidence!!
Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's
Life is easier when the cash keeps popping
in, thanks to Elizabeth Ann graney services. Glad she's getting the recognition she deserves
I use to work 3 jobs, full time at Walmart, a server at night and Lyft on the weekend, untill Elizabeth Ann graney change my story.
no there not. dont care experiance. loan noy free. like any other mortgage.
Great content Wayne! Question. If you were to buy a home like this, while currently owning a home, with the intention of renting it for 2 years, and then selling it. Would that exempt you from paying capital gains? Thank you
No. It has to be a Homestead property.
@@lifewellloved0204 Right. You have to live there yourself for quite a while first.
Mr. Turner with an FHA loan could I get approved? I have 720 credit. Only 8k total debt. Minimum payments doesnt add up to be past 40% of my income. I have no other debts or loans. 10k saved up. ONLY ISSUE I just moved to Florida 8 months ago and just started working 6 months ago. Please let me know if I am in good standing to be approved
I think you need to pay off all your debts!! If you got 10,000 saved up pay off all your debts today!! Then start saving up again!! Don't go into debt when you can pay off all of them today. Sorry I watched too much Dave Ramsey!!
@@furryplantsandcoins9070 Thanks for 2 cents but that message was directed towards Mr.Turner. People in debt BILLIONS buying everyday all across America. You have an old school mind of thought, so does Ramsey. DEBT IS THE NEW MONEY! Money isn’t real Debt is. Leverage Debt in the right way you become extremely wealthy. Wish Turner answered my comment guess he’s too busy LEVERAGING DEBT!
@@furryplantsandcoins9070 You have an old school way of thinking.
@@furryplantsandcoins9070 Debt is money and money is debt. Leveraging your debt to buy assets to produce income is the best way anyone is becoming wealthy.
Can a retired person with a steady government pension get one of these loans?
Following...
Yes! It's not important where your income comes from, only that it's steady income and you have proof. Then it's just a matter of the meeting normal requirements he talks about that everyone has to meet. So it's a thumbs up. Go for it!
Disabled on fixed income. Would this work for me? West Feliciana Parish
As long as your income isn't too high and you have enough to comfortably cover what your payments would be (when using their requirements formula) then yes. What the magic number you'd need to be able to cover is depends on what they allow for your the area your parish is in, and on whether it's just you or you have family. But loosely, you can't make too much or have too little available to afford it when they consider your other expenses.
I went through the link, and it took me to a mortgage place with a very low rating.
I don’t have any links on my page sending consumers directly to a mortgage lender. You can reach out to me directly at ContactWayne.com (this is also linked in the profile of my channel)
So what you're saying is as long as I'm a slave to the system, I can get a home loan.
I don't buy into that.
Instead of taking money from the government (which is ours in the first place!), and jumping through their circus hoops, I chose financial freedom.
I chose freedom from corruption.
I chose to learn my rights.
Have any of you truly seen how bad it is??
I travel.
I SEE all the homeless US citizens (you'd be surprised how many citizens live in their CARS) and now the tens of thousands of people pouring in daily with nowhere to go and wonder WHY people continue to pay/WORK into a system that clearly against us.
When I saw what occurred 9/11, I made the choice to NEVER file/pay taxes again!
Can't really avoid that when making purchases like gas and other necessities, but I have become almost fully sustainable and consume very little in the matrix system.
Now is the time to make that choice. How much faith do you have that you and your loved ones won't be greatly malaffected by what's going to happen before this year's end?
See how bad it is now?
Every
Single
Day
People with nowhere to go are pouring in.
Schools are closing in order to house them.
Airports have curtained off sections with hundreds of people sleeping in the floor.
Spread of disease just increased.
The number of missing children has greatly increased.
The human trafficking has greatly increased in activity.
Do some research.
Prove me wrong in any of these topics.
Viable proof.
Wayne, on March 24, 2025, I WILL call you for help. It will be 2 years since my bankruptcy. I do appreciate all the videos and information you share. Keep them rolling!
The only problem is that the houses are out in the middle of nowhere, hence why they want you to buy them, for future development of areas. Last I checked, location, location, location.
He says they're not necessarily in the middle of nowhere -- that many are suburban...
Wayne, you have some scumbag scammers infiltrating your comments. Sarcasm, should I use Ms Cox? Maybe you should delete (not sarcasm).
I reported two of them, and they dropped off of my view. I don't know if you ll see them now.
Hey Wayne, you mentioned the income limit for this program, but is there a net worth limit as well? Could someone with a relatively high net worth that lives off of their investments qualify for this program if their annual income was below the income threshold? Thanks.
There's no net worth limit on USDA loans. They'll be more interested in what your monthly realized dividends are.
What if I’m retired and my adult disabled sons are on SSDI? Will be still be able to qualify? We have high credit scores.
Yes. Income from retirement and disability, etc., is fine. You just have to qualify the way anyone does, by not making too much for your area, etc.
@@marthajean50Thanks!
Where are these houses located ??
Outside cites, in suburbs and rural areas. It's not a special listing -- you find the house that's within their allowed areas, and they finance.
Government needs to get out of the lending business. Government guaranteeing loans. Raises prices. This is a scam. Realtors are in on it.
😊♥️👍🙏
Sorry 35.000
Ok. That's what I thought.👍
I don't think anyone can help me. I had the "everything going" fkr me until I foolishly married. Short of it for safety, i have address w State,confidential program. Now its like I dont exist. I can save that but I have no credit score. I just want a plot of land to offgrid homestead. No one has ideas being disabled to find "the way" well other than prayers. Tall order these days for tiny house on patch of land rural. Miracles do happen though
Look up owner financed land.
You should reach out to that program you're in. No doubt they've dealt with your issue thousands of times before, and can help you understand how it's done.
@marthajean50 Yes, that would make sense, but not in bizzaroworld now. I honestly don't think I can see a homestead Asher house idea in my future. It's alright. No one has my amazing journey in life with all my stories. Playing for change band song
I HAVE DREAMS. Giggle, my icon picture is hummingbird on birch tree January 1 2016 Minnesnowda. Positive energy together is amazing. They can try and jail your body, but they can't cage your mind,right??
There's no logical way to get a score to build off of Like i dont exist. Enemy is fierce, and attacks are over the top.
I'm still standing,yeah. 2 days after sentence, I'm planning to move now everything w trials over. No, they jack me. I'm sick and trying to get off road boom everything is in start over after I get out of hospital 1 month. I'm still standing, fracturing my spine. I'm still here, boys.
ALMIGHTY DECIDES MY FATE.
It's a lovely story of ,I don't think so boys.
Warrior here. Bless you and yours stay safe
if you aint first your last
I think im going to wait till 2025 to purchase a home. If an actual election is allowed to happen then everything will change. Corrections will be made.
You think!?!?! Dollar is going down the toilet
oh. 110k richie rich man. you know jack about the poor side. try being poor. such a rich man oh boo hoo.
110k is the *maximum* you can make, not the minimum. They don't accept people who make all that. You have to be below it, not above it. The program is to help normal people and lower income people, not the rich.
*The corruption that runs through this administration is getting scarier. I feel for people with disabilities who are not getting the help they deserve. Anyone who is not investing now is missing a tremendous opportunity. Imagine investing $2,000 and receiving $11,300 in 4days.*
I think Yetta Cox strategy is the best at the moment, I recommend it for beginners because it is perfect for now and it is known.
You're right ! The very first time I tried, I invested $3000 and after a week, I received $14,900. That really helped us a lot to pay up our bills.
You're right!!! The very first time I tried, I invested $3000 and after a week, I received $14,900. That really helped us a lot to pay up our bills.
You're right! The very first time I tried, I invested $3000 and after a week, I received $14,900. That really helped us a lot to pay up our bills.
I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it is more like capitalization with about 100% profits/ ROI weekly though. FA...Yetta Cox got me covered last month after getting these same recommendations thanks.