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I am trying to close on a 325 house without a loan . I am only 50 K short.
Its a complicated but if I can figure out the 50K shortfall on a 325K house I can do it without a traditional mortgage..
I have a clear title to land that is on the market that is worth 125K..Is it possible to get a loan
with that as collateral..It is for sale and showing every week.
One person told me that there are home equity loans that can be immediate and be used at closing as part of the total..
I pay 275 cash and use 50 equity loan..Is this ever done ???