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Updated over 5 years ago on . Most recent reply
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Cash to close -how do i minimize this?
I recently bought my first multi-family. I offered 7K above asking, minus closing costs. Still, I had to bring over 8k to the table for "cash to close". Is there anyway to mitigate the amount of cash you need to bring to the closing? I would like to move forward to my next deal, but I would like to hold to on to as much of my cash reserves as possible.
Thanks in advance for any replies!