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Off-market sellers that list as cash buyers only
Hi, just a potential new investor here.
I'm doing some property research and I notice a LOT of the sellers in off-market list as cash buyers only. I'm trying to understand what that is and why it matters so much.
I assume it means if I have a private money lender or some kind of pre-qualified loan, they aren't interested. Is that correct?
If they get paid either way, why would they care if I was buying with a loan vs straight cash? Is there a degree of uncertainty a loan brings that I should be more aware of?
Thanks in advance!