Buying with Cash ... Newbie question
I have been reading about investing in Real Estate and I want to get a good handle on the terms before I start investing. I have seen many investors promote "cash deals" in their direct marketing pieces. If I were to buy a property with a conventional bank loan by putting down 20% does that count as a cash deal? I'm thinking the answer is "no" because the bank would take at least 30 days to close. Please clarify the terms "cash deal." Thanks!