True, the gurus offer a few tricks for either deferring the payment or for persuading the little old lady who is already being screwed big time to get screwed even worse by agreeing to a below-market interest rate. But deferring the payment has no effect on profitability. Pay me now or pay me later. And compounding your crime by getting a below-market interest rate brings the deal close to purse snatching, which I understand is also profitable. Nothing-down gurus say you should try to get a good price or good terms.
Good terms have no value in the absence of a good price.
All the deals that Allen did in his nothing-down publicity stunt with the LA Times were money losers by his own admission. The nothing-down movement does not exist to help people like you become financially independent. It is a scam perpetrated on unsophisticated investors to make the gurus rich. There is no free lunch. John T. Reed, a.k.a.