How To Buy A Church With No Money -

Buying a church with "no money" sounds like a miracle in itself, but it usually comes down to a mix of , community trust , and a whole lot of sweat equity .

The building was a wreck. Elias negotiated a credit. For every major structural repair he made—fixing the leaking roof, remediating the mold—the cost of materials and his labor (calculated at market rate) was deducted from the final purchase price. He wasn't spending money; he was trading time for equity. 3. Crowdfunded "Pew Sponsorships" how to buy a church with no money

Because the church wanted the liability off their books, they agreed to a $0 down payment in exchange for a slightly higher interest rate. 2. The "Sweat Equity" Swap Buying a church with "no money" sounds like