Hair of the Dog
Well-Known Member
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- Jul 23, 2019
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I don’t think there is anything that tells us they were “cash only” people but even if they were that doesn’t necessarily support the high debt speculation that is floating around. Even if they had a big unknown debt looming they could have easily tapped home equity.
Providing they had the required income and debt ratio to qualify for a home equity loan. Would BM risk defrauding the government for $50k if he could readily access the equity in their home?
IMO