sdhome I understand. I looked up the deal. It was a cash deal for 925k. Then your friend went and opened up a home equity line for 180k right after the purchase of the home.
Doesn’t that seem peculiar?
Anyways I will tell you what, I will dig a little deeper and see the details.
Understand that this is a cash deal… NO LENDER was involved.
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So if it is a cash deal why would someone pay more in cash just to get that same cash back?