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Dani-lynn Trevino
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Dani-lynn Trevino answered:
If you are applying for any loans, of course a down payment is necessary - even with a personal loan - if you have a credit line already established worth your real estate purchase, then you do not need financing or a down payment...such as a purchase of 200K property and a line of credit 200K or better. Why finance in that case? seek advice from your tax adviser, attorney and even your banker if needed. Real Estate Professionals can only advise you on real estate pricing and not on your business practices. = http://www.DIALdani.com
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