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Updated about 9 years ago,

Frank Closer's profile image
Frank Closer's profile image
Frank Closer
  • Rental Property Investor
  • from Greensboro, NC
  • Member since Dec 4, 2015
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User Stats

17
Posts
5
Votes
Frank Closer's profile image
Frank Closer's profile image
Frank Closer
  • Rental Property Investor
  • from Greensboro, NC
  • Member since Dec 4, 2015
Connect
Frank Closer
  • Rental Property Investor
  • Greensboro, NC
5
Votes |
17
Posts
Buying & Selling Real Estate

Whats the play when paying cash during a bidding war

Frank Closer
  • Rental Property Investor
  • Greensboro, NC
Posted

I'm looking to purchase an investment property cash. At the price point it's sure to be bid up. How would you play this. Bid low, right at ask price, or a little higher. I'm a newbie, trying to figure out does offering hard cash give you any/more negotiating leverage over conventional loan offers? 

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