ANYONE HEARD OF A SHADOW BUYER
I was trying to get a mortgage to put my sisters house in my name while pulling out equity. I didnt get the loan becuase of my credit and inadiquite (state) ID. a friend of mine told me about a SHADOW buyer. This is a person who has great credit who is willing to put their credit on the line for a fee. that would basically hold the property for 6 months plus escrow. then transfere into my name. Anyone heard of this? whats the Pros and Cons of this method if any? any suggestions?
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