2006-08-16 13:21:54 · 3 answers · asked by mary mcd 1 in Business & Finance ➔ Renting & Real Estate
It depends upon the situation. How much of a down do you need with the new property? It can be better to do 100 percent financing on that and then sell the old property without a bridge loan. It can also be the only way you can get the new property.
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2006-08-16 14:18:24 · answer #1 · answered by Searchlight Crusade 5 · 0⤊ 0⤋
No, because when the lack of sale throws the timing off you're in trouble. If you can't pay for it, you can't afford to buy it.
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2006-08-16 20:28:49 · answer #2 · answered by who WAS #1? 7 · 0⤊ 0⤋
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2006-08-16 20:25:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋