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Updated about 5 years ago on . Most recent reply
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What is the definition of a cash buyer?
Is a cash buyer only someone who has liquid cash? Is hard money or private funding considered a cash buyer? What is actually considered a cash buyer?
In my very limited experience, it seems that cash buyers are more likely to get an AS-IS deal than someone who uses traditional bank financing.
I’m still looking for my first deal & am trying to increase the odds that I will get an offer accepted.
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@Paul Schaefer A cash buyer is anyone who can write a check to purchase the property and close on it without having to wait for other funds. They have the cash in the bank.