If you want to buy a house, but you’re short on cash in the bank here’s an idea.
You can sell an asset to generate cash for a down payment. …such as a boat, car, etc.
Here’s how to structure it for a mortgage…
You must create a bill of sale reflecting the date of sale, asset to be sold, and the sales price.
Copies of all checks, and deposit slips are also needed.
A picture of the item sold is also helpful.
That’s it for today!
Have a good day! …and thanks for reading.
Brett
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