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Registered
Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 38,168
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Some 45 years ago I gave a 2nd mortgage to my to be ex wife, simple interest with a friendly rate, no payments due, but due on sale, of course. It all worked as I sold the mortgage when I bought another house 4 years later. I more or less gave up my interest earnings but it was enough for the 20% down.
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