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
In exchange, their names were engraved on the wood, and they got 24/7 access to the finished tool library. how to buy a church with no money
He launched a campaign where locals could "Sponsor a Pew" for $50 a month. Because the church wanted the liability off their
Elias discovered the church was on a . He applied for a state preservation grant. While these grants usually require "matching funds," he used his "Sweat Equity" (the value of the repairs he’d already done) as the match. The grant came through, providing $50,000 for a new HVAC system. The Ending how to buy a church with no money