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Would You Take This Weird Deal My Friend Is Offering Me?
Would You Take This Weird Deal My Friend Is Offering Me? I want to buy a home in my area, but it will take a while for me to save a down payment. My friend is offering to help me out with this deal: 1. Home costs $500k 2. He gives me $20k to help buy it 3. I have 4 years to pay him back the $20k (prob something like monthly payments) 4. When I sell the home I owe him 33% of the home price appreciation...
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