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Updated over 5 years ago,
Robert CollinsPoster
- Rental Property Investor
- Greenville County SC / Atlanta, GA
- 120
- Votes |
- 403
- Posts
Are investors doing conventional financing on off market deals ?
Wondering if investor are actually using conventional financing when purchasing off market deals , I know most of the time when you find a off market deal, or deal that’s not Zillow or most sellers or wholesaler would like to close quick and with a cash buyer, so I was wondering for those who are able to get those good conventional rates , what kind deals do your look for since most likely if the funds are coming from a bank it’s probably going to take little longer to close unlike the cash buyers quickness 7-10 day close, I guess I’m asking to help figure out how I should approach deal finding if I know I’m going through a bank and the only cash I would using but is the 20% down payment.