How do you buy without Banks or Credit?

You buy without banks or credit in many ways: 1. Option Flip: You get an Option to Purchase from a seller, and sell the optioin for a fee. 2. You buy subject to existing financing, You get a deed, and pay the existing financing without assuming it. 3. You buy on a Land Contract or Installment Sale. The IRS allows this. Generally you are the vendee, and pay a fee every month. You own the property, buy generally have a balloon payment in 3 - 5 years. 4. You Lease wtith option, then either live… More information...

User:	Brian Gibbons
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