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Reply to "Buying house with cash"
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[quote=Anonymous][quote=Anonymous]For anyone who buys with cash, where do you get it from? From savings in your regular bank accounts or you take out from brokerage accounts or stocks? [/quote] Largely from equity in the home we sell plus a little extra if we’re upgrading. But we do a bridge loan from our investment accounts to provide immediate cash thus avoiding any contingency based on selling the existing home. Once the existing home sells we pay off the loan (typically within a few months).[/quote]
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