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Updated almost 6 years ago on . Most recent reply

Financing contingencies but using cash
Hello bigger pockets buddies. I'm currently reading "The book on negotiating real estate" by J scott, Mark Ferguson and Carol scott. I had a question about the assignment contract (the contract with wholsaler and seller). One of the contingencies options is financing which allows the wholesaler to back out if they can't get funding from the lender. Now i was wondering if i initially planned to use cash which is going to be what i use once a end buyer is found, am i allowed to just use that contingency in the contract and later change it to a cash offer once i have the funds?