Two years later, Elias made the final payment. He never spent a dime of his own savings. He had traded for property . St. Jude’s wasn't a church anymore—it was a workshop, but to the community, it was still a place of hope.
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 how to buy a church with no money
Elias stood before the . It was a crumbling gothic beauty with boarded-up stained glass and a "For Sale" sign that had been bleached white by the sun. The asking price was $250,000—money Elias didn’t have. He was a carpenter with a dream of opening a community workshop, not a millionaire. Here is how he "bought" it with a zero-dollar balance: 1. The "Owner Carry" Play Two years later, Elias made the final payment