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Updated over 17 years ago,
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A mortgage broker offerd me a deal.
A gentleman needs special financing so I was asked to participate in this deal:
Property is valued at 800k the gentleman is willing to give me 60k in advance as well as pay the mortgage. In about 6 mos when his credit score is good enough he will by the property back from me. What are my pros and cons. I am a newbie with good credit.