#266: Ask Paula – Your Real Estate Questions, Answered
Afford Anything
JULY 22, 2020
If I’m interested in buying this property, would the bank still expect me to put 20 percent down, given that I’ll have instant equity based on the value of the house? Paul’s parents own a property worth $100,000, and they owe $80,000 on the mortgage. If he wants to buy this property from them, how should he do it?
Let's personalize your content