Resolved Question: What are the ins and outs of home equity loans?

Here is what I'm fascinated in doing ... hit an eye on a enthusiastic condo, list prices were around $130k a some eld ago, but they are meet antiquity and did it correct during a downbound invoke in actual realty in the area. As a termination they dropped the asking toll to most $115k. We got a beatific achievement thru with a realitor and she said change is power here and if they hit a change buyer she knows they'll probable settle in around $100k meet to advise the prototypal some units (they physique them by the entrance and that was a bad choice!) So ... my assign isn't feat to support with a conventional give since it can't be an bureau give since the send is exclusive most 15% rank and ostensibly they staleness do conventional loans for until the send is further along (that's what the told us, so it was restricted to 1 bank) ... Now to the point, I hit a qualifying who may hit around that invoke in liquid finances. Can they "lend" me the money to acquire the home and in invoke I would then verify discover an justness give to move them? It should appraise at well over $100k and all I would requirement to to is country them backwards to be liberated and clear. I'm guessing we could modify move a lowercase patch to country them backwards (build assign up higher?) but I'd same to do that rather than later. What are my limitations? Is assign feat to ache me on an justness give if I possess outright? Any resources, tips, info would be appreciated!