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Updated over 2 years ago, 05/18/2022
Using OPM to Purchase a Home
I’ve got the opportunity to use OPM to buy a house in cash, so how exactly do I purchase the house? Do the lenders purchase it under their name or do they write a check to me so that I can purchase it under my name? I feel like if they write me a check then there will be tax implications. It’s my first time using OPM and any advice would be greatly appreciated.