About 1 year ago we discovered a loophole in the US Tax Code
and Department of Housing and Urban Development, “HUD”. This loophole allows
people who owe taxes to the IRS and State, to qualify for FHA and VA mortgages,
without having to repay their tax debts. And because FHA only requires a 3½
percent down payment, you only need $21,000 to get into a $600,000
mortgage. And that buy’s a lot of house!
Right now, you could owe the IRS $1,000,000 and close on a new mortgage, or
refinance an existing loan within 90 days. Eventually, this loophole is going
to close, and everyone who is smart enough to take advantage will profit – and
those that didn’t, will have missed the boat.
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