Buying first property

[Kevin Estrada]

I am trying to buy my first property and found a fixer upper with the opportunity to add a unit in the bottom basement. We put an offer in and were denied because the seller wants a cash offer since they are not sure a bank loan will go through since the property is not in great condition. We walked through the property and didn’t see any signs of foundation issues just cosmetic issues (floor, paint, smell, etc). In our offer we put that the house needed to pass inspection under contingency, I don’t understand why the seller wouldn’t at least give us the chance to have the inspection to move forward with the deal. Should I just move on or what would any of you pros do?

[Aaron K.]

@Kevin Estrada they are turning you away because they already have or are expecting to get a cash offer, not much you can do in that scenario, if they don't get a cash offer you can go back and try again but otherwise you probably just have to move on.