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In this episode, we're reviewing a recent CNBC article titled & dated (October 12th 2018): "Thousands Line up for Zero Down-Payment, Subprime Mortgages" - https://www.cnbc.com/2018/10/12/thousands-line-up-for-zero-down-payment-subprime-mortgages.html?fbclid=IwAR274pIc1vsEMW7cmTKXY6VbxbpPSV3cYFDi9aMbI1ppA6xPrxrKBoTQjIU. 

The CNBC Article is eluding to the NACA program that has been around for quite some time. The organization states that their goals are to help Low-Income or Financially Disadvantaged families in buying their home. We discuss the pros and cons of this program and is it really a Subprime Mortgage situation like we saw back in 2008? OR Is this just a headline grabber to get the readers flocking into this artcle. Let's take a look!

Sources For Our Research:
1. https://www.freeandclear.com/programs/naca-home-loan-program-overview.html
2. https://www.trulia.com/voices/General_Area/Can_anyone_comment_on_NACA_The_Neighborhood_Assis-40784
3. https://www.nacalynx.com/naca/Purchase/purchase.aspx


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The Kwak Brothers are millennial real esate investors who have acquired over 76 Units of Rental Units and have raised over $6,000,000 in capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping ordinary people become real estate investing champions and rockstars! They specialize in owner financing negotiations and multi-family rentals.

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---DISCLAIMER--- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.