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Updated over 14 years ago on . Most recent reply

Becky Watkins's profile image
Becky Watkins's profile image
Becky Watkins
  • Investor
  • from Seattle, Washington
  • Member since Mar 13, 2011
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User Stats

84
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10
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Becky Watkins's profile image
Becky Watkins's profile image
Becky Watkins
  • Investor
  • from Seattle, Washington
  • Member since Mar 13, 2011
Connect
Becky Watkins
  • Investor
  • Seattle, WA
10
Votes |
84
Posts
Starting Out

New to Real Estate

Becky Watkins
  • Investor
  • Seattle, WA
Posted

I have quite a newbie question: when someone says "we buys houses cash" does it really mean actual, physical bills? If so, why would that be preferable to a check?

Also, how is the wholesaling method ("we close quickly") different from the traditional method (which I'm not that familiar with). It still has to go through escrow, right? What is quicker about wholesaling that would make a person accept 70-80% of FMV to get it over with?

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