Posted by Ronald * Starr (in No CA) on December 02, 2001 at 20:33:23:
Doug Pelton------------
I would consider that a no money down purchase, if all the downpayment is borrowed money. I suspect most investors would say the same.
But, what difference does it make what we call it? If you want you can call it a “hypoponomous.” As long as you make a purchase that you like and that makes sense financially.
Good Investing*******Rion Starr**************