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Updated over 4 years ago,
Zero closing cost for a short term loan ( < 2 years)
Here is my dilemma. I reside in a townhouse valued at 180K and my landlord has run into financial trouble and she needs to sell. I'm hesitant to buy the property because I don't see myself residing in the town for more than 2 years (my work contract completes in 16 months). What are some creative options I should consider:
Credit score: 800
I have the capital to buy the property in cash if i liquidate my preferred stocks yielding around 5%.
Should I consider a home equity credit line?
I appreciate your thoughts.