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> However the 'no debt' option means you must find a home in a market where nobody else has access to a lender. As someone who bought several houses without de
by lazyjones 7y ago
> However the 'no debt' option means you must find a home in a market where nobody else has access to a lender.
As someone who bought several houses without debt, I really don't understand what you are trying to say here. Please explain...
- zdragnar 7y agoNo kidding. Pretty much anyone selling a property will pick a cash offer over a financed one, if nothing else to eliminate a long wait period for underwriting.
- Leherenn 7y agoI think he means that given 2 people with the same amount of wealth, the one that borrows money can either buy a nicer house than you, or outbid you if you want the same house.