Title | : | The SHOCKING Real Estate Secret: How to Buy a House with ONLY $1000! |
Lasting | : | 11.39 |
Date of publication | : | |
Views | : | 629 rb |
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Please talk about what the drawbacks, limitations, and conditions are Comment from : @arthurpokotylo2466 |
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Does this whole video apply to PA and NJ? Comment from : @laughinghawk8522 |
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Sooo, You can buy a home for $1,000 IF your already rich Comment from : @potsandjacks |
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Thanks for your help You're a God sent Comment from : @topazfire974 |
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I have a 650 credit score but not 2 years on the job ☹️ Comment from : @AlfieinMontana |
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BS Comment from : @marlowops |
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How about I give you 1k get me a house And I'll give you 20k for more Comment from : @jasonbaxter5502 |
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How do u get ur credit up to a 620 Comment from : @Randibunny |
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You're L❤vely Wayne Comment from : @londonbabe2467 |
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Love the sound of crickets in a backyard Comment from : @minxlabrada |
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lol i thought he was saying you can buy the house for $1000 not just a down payment brbri definitely was thinking like”why would anyone need to make payments on $1000” smh i was gonna get me another house 😂😂 Comment from : @keneshasb |
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00:00 🏡 The USDA program allows purchasing homes in rural areas for $1000, providing access to properties outside city limitsbr01:34 💳 To buy a house for $1000, a credit score of 620 or higher is crucial, along with a stable job for two years and manageable debt-to-income ratiosbr02:31 📉 You can qualify for a mortgage two years after bankruptcy discharge with a 620 credit score, making homeownership accessible after financial hardshipsbr03:00 💰 Sellers can cover closing costs and provide warranties, enabling a 100 financed loan through the USDA, needing only $1000 upfrontbr04:26 🏠 Income limits determine the property price range you can purchase based on family size, income, and location, varying from $103K to over $200K in different areasbr05:34 🔍 Inspections are vital; buyers have the right to inspect properties before purchase, negotiate repairs, and cancel contracts if necessary within a specific timeframebr07:30 🏦 Properties need appraisal for loans, comparing similar homes' values within a three-mile radius to determine the property's worth, crucial for loan approvalbr08:51 💸 If a property doesn't appraise at the agreed price, negotiation may occur between buyer and seller to bridge the price gap, ensuring financial feasibility for the buyer Comment from : @dameanvil |
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Warning: I have a USDA loan, I had my house built in 2008 when I was 17 years old They don't explain ANYTHING My house total cost was supposed to be 87k 97k if "all hell broke loose and everything sky rocketed" at closing the final bill $120k 30k more Also they wrote down that my interest would be 3 That was their real big selling point and yes I have it on paper prior to the house being built When I signed my papers my 17 year old @$$ didn't see they slipped in another 3 percent So now we are over 30k over the original price and at 6 percent interest Not to mention there was so much messed up with the house, they installed windows with grids in some and windows without grids They capped off all the sewage vents in the attic forcing all the sewage smells thru the sinks and tubs almost killing me I could go on for days My whole block was doing meetings to sue which never went anywhere Comment from : @JBassamore |
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Ive been out of work for about 7 months because of an injury brIm just getting into work npw my wife worked 2 years but she get paid cash because she in the process of getting green card i we both have about 60k in savings is there anyway around that untill i have my 2 years in Comment from : @watsonomerta3231 |
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What if you don't have a job and your retired? Comment from : @novarossi7 |
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bAre there any programs for single men/b ? Comment from : @johndough1703 |
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Sir I live in Texas and I’m also a veteran , other going through the VA home lone is there a program for veterans through the loan process that you are taking about? Comment from : @pechacekcp |
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I went to your link and no houses came up Comment from : @art1muz13 |
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What if your a Vet living on fixed income Comment from : @user-xu7rb7pf3v |
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Low income or moderate income for disabled seniors Comment from : @jacquelinejackiedamphier9915 |
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I lost over $70K when everything started to tank Not because I was in an exchange that went belly up I was just stupid to hold and because that's what everyone said I'm still responsible It just taught me to be a better investor now that I understand more of what could go wrong It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $10k profits weekly Thanks so much Mrs Maureen Comment from : @chinonyelilian8793 |
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Hi Mr Way how are you? Why Do I need to have a credit if the property costs is only $1000 Comment from : @Angelaqastro |
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Thanks for talking about this It almost made me feel like I could get out of the city Turns out I am so broke I can't qualify or even come close Full time work even with overtime isn't worth anything anymore At 21k/yr, I had no idea I was so poor, even for Oklahoma I don't see how people live on minimum wage Mine is $1230/hr Comment from : @Thunder_Dome45 |
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Wayne, forget the house I need to find, are you available🫢I think I fell in love just listening to you talk,,Seriously, your information was conveyed superbly, however I was distracted the whole time☺️I shall subscribe! Comment from : @michelletaylorcreatorgmail |
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does disability payments count as income or job? Comment from : @trippinstepdad5545 |
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All I have to say is THANK YOU Comment from : @keishawhitaker6498 |
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No law requires the filing or payment of income taxes so why/how is that a condition for getting a house?!?!?!?!?!brbrCongressman John E Ensign--br"I cannot point to a specific place in the law where it says you must pay income taxes"brbrCongressman Dan Burton—br“You are correct in your assertion that the word “liability” or terminology “liability for income taxes” is not contained in any Section of the Internal Revenue Code”brbrAaron Russo: "Is there a law that requires people to file a 1040?"brCongressman Ron Paul: "Not explicitly, but it's certainly implied"brAaron Russo: "Well implied by force; but is there a law?"brCongressman Ron Paul: "I cannot cite a law, no, I cannot…you know if they think it's a law and they have all the guns; you know it's an authoritarian approach" Taken from the documentary "America: Freedom to Fascism" Comment from : @KravMike08 |
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Another Real Estate LIAR No one is 'buying' a house for $1,000 There is no link, (promised in the video) to the USDA programbrIf they tell you they are an agent or broker EXPECT lies to follow Comment from : @anthonystratton4941 |
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So this is for wealthy people only, got it Comment from : @barbrilbetts7578 |
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Misleading Should say the downpayment is only $1,000 Comment from : @joycec858 |
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I thought you where going to to about the USDA😂😂 😂 Comment from : @Gelo202 |
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500the bank is looking for income in the 103 to 200, 000 rangeyea, who with that income needs to worry about making the downpayment on a home Comment from : @mikkosutube |
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Ok Wayne! Thanks!!! Comment from : @qweenlyco |
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This was such a waste of my time Comment from : @hafwaybrown |
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These people were IMPOSSIBLE to work with in NE Florida Comment from : @ckh7719 |
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I have over a 620 i just got denied of a so called 400,000 property and i applied before and still gotten denied and have never owed a home and built my credit i even saved up a little money and more I dont know what to do Ive also payed off my credit cards Comment from : @victoriaalmanza9653 |
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This is the best "talk to me like i'm 5" walkthrough of a home purchase i've seen Comment from : @shawnsnow6413 |
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1 Timothy 6:10brFor the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows Comment from : @LIVIN4CHRIST |
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You just said you can purchase a house for $1,000 so now you're full of s***you are a liar you still have to pay your mortgage yes just to get you in the house a thousand dollars dum dum I see what you're doing now you ain't even you need to get take this off of here off of here Comment from : @dwayneterrell1915 |
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Any in nc or sc Comment from : @jeannesheridan2617 |
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Do u have anything in Houston Tx or Little Elm Tx , Comment from : @mmdoz711 |
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average income in America is 45k or so Im seeing entire neighborhoods being built that are 100 rent only Buying a home is about to be removed from the options list for everyone The tiny house market is exploding because of this I dont know how much longer this bubble can last but if it doesnt pop soon everyone will call Black Rock their landlord Looking at any given homes 'value' over the last 10 years is a price gouging joke and its only getting worse Home prices have doubled and so has the interest rates on the loans This isnt sustainable Comment from : @PlasmaBurns |
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How about buyers closing cost Will this program cover buyers sellers closing cost??? Comment from : @xeniaosanchez7712 |
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I am Self employed and gross, 200K but net very low with right offs This is an issue when trying to buy a house Comment from : @Bellasafari |
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so, 1000K is THE price? why are you talking prices and loans, etc????? the title of this video is "How to Buy a House with Only $1000!" misleading! Comment from : @breg9476 |
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Is $1000 a down payment only? What's the selling costs of the house , the tax, HOI and the escrow ? Comment from : @emmagarcia5581 |
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What's wrong with the houses? This is unbelievable Comment from : @emmagarcia5581 |
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I'm interested Do you have one for me? Comment from : @emmagarcia5581 |
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The problem is the interest, you put 1000 down on a 100000 home and they want 1000 or more a month for it Comment from : @2pacnew157 |
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Did I just hear him correctly…???brYou need an income of 103-200 THOUSAND brDOLLARS PER YEAR…???brNEWS FLASH…!!!brI believe that it’s safe to say that the majority of brus that are watching these videos on how to purchasebra house and property as cheap as possible and we makebrnothing near that amount of money per year…!!! Comment from : @troystutsman1400 |
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Misleading Comment from : @cosmicenigmarevealed |
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I had surgery recently and don't have a current income Credit score in the 700's Would I still be able to get a property? Comment from : @novarossi7 |
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Fake! Ur not buying that house for $1000 it's just the down payment This title n story is FAKE This is just click bait Comment from : @mouserun8800 |
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Your video is VERY misleading What you should have said is that you only need $1,000 for a down payment What your title led people to believe is that you could buy he property for $1,000 Please correct video title Comment from : @alisoncoleridge2466 |
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Bro I'm from India cani buy agriculture lands in USA Comment from : @saasaconstructions1083 |
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deceptive descriptionyou are NOT getting a home for 1000 dollarsUGGG I hate these kind of videos Comment from : @artsylady3187 |
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I need to buy me a house $4,000 bit of Fixer-Upper where I can fix it up myself on a piece of land Comment from : @user-ii9zb2zl5m |
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what if you already have a property you're paying on purchased as fha Comment from : @jade1655 |
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Any of these homes in South Carolina, North Carolina, and Georgia? Comment from : @elijahisaiahx616 |
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Can you help me in CT? Comment from : @manolasegarra8830 |
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I want one Comment from : @IAMLovedJewelsforJesus |
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You need steady or guaranteed income to get approved for these loans I’m a realtor in Georgia if anyone is looking for property here We have USDA designated areas all over the state, mountains in the north, rural land around the Atlanta Urban areas The property in middle Georgia is very affordable and Agricultural friendly We also have warmer climates throughout the year near the Florida boarder The Savanna and Hilton Head areas are off the Atlantic coast line Comment from : @cmw1226 |
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Is there something like this in Canada? Comment from : @eviltrickyspider5266 |
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Clickbait bochit video title Comment from : @mls8668 |
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You don't have to make the seller fix the items on the home inspection list you can also ask for a credit for the repairs which is the method I prefer Which is basically a price reduction based on the cost of the repairs Comment from : @korygarcia1153 |
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In my language they would respond affectionately, 😂 Don't mess around, eat bread and don't eat so much pinga 😀 Don't take me for that!!!brbrEn mi idioma te responderían cariñosamente, 😂 No jodas, come pan y no comas tanta pinga 😀 No me cojas pá eso !!! Comment from : @arseniosanchez |
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😂👍 $1000 ? brbr😉 🗽If freedom means anything, it will be, above all, the right to tell people what they don't want to hear George Orwell Comment from : @arseniosanchez |
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This guy should be a Hollywood actor Comment from : @b213videoz |
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So to buy a home you have to have a 6 figure income? You lost a bunch of people there Comment from : @patricklondon962 |
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Can non resident US buy this property from their country? Comment from : @justchill830 |
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Why you need a "lender" ???brIf is "just $1000"?brThe want the "door open to your ESTATE /TRUST" and that is why because behind the scenea payment is done monthlybesides a "security instrument" is created at a possible much higher pricebrBuyer be awareyou are the creditor,at closing/loan modification ask for "receipt"yes you pay that house with "your signature"you give the "lender is the BORROWER"YOU THE BUYER ARE THE CREDITORbrIf you sign note and mortgage "you abandoned your property security and you becomea tenantin the "home"brWhy the "banks"have that "Equal Housing Lender"???AND WHY NOTbr"EQUAL HOMING LENDER"" BECAUSE THEY TELL YOUTHAT "YOU BUY A HOME "!!?!brthey are doing a 1099 A "Acquisition Abandonment" and 1099 OID ,1099 Cyour "house is psid ab initio" meaning at begining Comment from : @jans5597 |
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Own a home or own a house ? Comment from : @jans5597 |
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" Give yourself credit"it's all "prepaid",brYour SSN IS A CREDIT CARD 💳 Comment from : @jans5597 |
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lol so you have to be a top 15 percent earner to do this lol If youre making 6 figures you probably dont need to use the usda Waste of video Comment from : @josemoreno5758 |
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I WONT believe it until I do it Show me how!!!! Comment from : @deborahreese5441 |
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WHAT'S THE MORTGAGE PAYMENT????????????????? Comment from : @MrAnderson7372 |
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2 years on the job does that include self employed? Comment from : @cynan1019 |
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Sometimes it works but you have to say your going to live there for 5 years and pay for repairs and permits and negotiate the city code violations Comment from : @ClubOceanBlue22 |
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You can qualify to buy a house with only $1000 down but if that is all you have for a down payment, you probably won’t be able to pay the mortgage payment, property taxes and insurance with home prices as high as they are now! Comment from : @lenpolidori3568 |
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I'm not understanding the USDA site Comment from : @nailah4200 |
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leave step by stepbrslyblack23@gm Comment from : @hijgieroyle6646 |
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are you a mortgage broker? no one in the mortgage industry does this type of loan per say Comment from : @user-kn2uw1bu6x |
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someone is trying to murder me, can you call the authories, they are nearby, they commit felonie and blocking me from working in my trade, what a loser there are tons of domains losers can work in Comment from : @user-kn2uw1bu6x |
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So do you have to work 2 years at the same job? Or just have 2 years of work/tax paying history? Comment from : @Eddie-en7gz |
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Nope he didn’t mean to say $1000 down payment he said buy a house for $1000 He did it for Clickbait Comment from : @soul79redeemer |
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1st time hime buyer loans and many times if you are approved for that and make 50 to 70,000 a year you will qualify for grant money from the state for closing costs and down payment I would do that way before you try this Im still looking Make 63,000 a year in NC Got aprroved for 195,000 morgage which im not looking for something that high More around smaller 165,00 to 175,000 Also qualified for up to 15,000 in closing costs and down payment as a grant Still looking at homes for a month now because im very picky and there arent many smaller houses in decent shape for the price ramge i am in So its taking a bit but thats fine Comment from : @racegrubb2152 |
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b*Important info*/b brbrUSDA/US Department of Agriculture, is a government agency that has many functions/ responsibilities including inspecting all meat products sold in the country That's where we get ratings such as USDA Prime/USDA Choice Etc rankings for meat I assume he is referring specifically to the USDA Rural Development program ( formerly called Farmer's Home) which deals with both homeownership programs as well as subsidized housing in rural areas with adjusted rents to 30 of your income similar to how Section 8 housing works I know this because I was certified to manage that type of housing and know the qualification requirements brbrThe thing he is also failing to mention is that TYPICALLY these programs are available only to first-time home buyers Now I admit I've been out of the housing game for almost 12 years now so I could be wrong regarding the first time ownership clause however that is how the program has worked for decadesbrbrRural development will also do Mortgage Assistance similar to Section 8 where they will adjust your mortgage payment to no more than 30 of your yearly income meaning your mortgage payment can be actually lower than a $1,000 per month but you will have to recertify with the agency every year the document your income so that the rate can be adjusted brbrYes, I said $1,000 per month because the title and what he's stating in this video is clickbait What he should have said was 1,000 per month Also understand that typically the mortgages for these properties will have a RECAPTURE CLAUSE which hits you at the sale of the property Meaning RD will be looking for payback or to recapture funds owed to them at time of re-sale This is done so that people don't use RD housing programs for investing / flipping real estate for quick profits I am unsure if there is a way out of this but my family is currently dealing with this matter after the passing of our mother who purchased a home under the RD guaranteed mortgage process in the mid 80's And that program her interest rate was adjusted to 1 and she chose not to deal with subsidizing her monthly mortgage to 30 Comment from : @genesishep |
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You said income they look at single person in the hundreds Is that a hundred thousand? Because I make less than 55k a year and i know maybe two people that make over 100k by themselves Comment from : @PhoenixPsilence |
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What's the link Comment from : @user-qz4ln4xz5s |
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Is a 620 required if you get a USDA direct? Comment from : @magmaraymakerkweenkleokat8779 |
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Any like this in south florida Comment from : @nonenone5008 |
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I was an unexperienced real estate investor and i lost over $30K when everything started to tank Not because I was in an exchange that went belly up I was just stupid to hold and because that's what everyone said I'm still responsible It just taught me to be a better investor now that I understand more of what could go wrong It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $5k profits weekly Thanks so much Mrs Desiree Madison Comment from : @craig5294 |
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Credit scores are discrimination they should be banned, outlawed, illegal Comment from : @dragonf1092 |
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I’m not seeing any map link Comment from : @user-re1qg7io3p |
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