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Updated over 8 years ago on . Most recent reply

User Stats

132
Posts
59
Votes
Luke Grogan
  • Investor
  • Cocoa Beach, FL
59
Votes |
132
Posts

Is there a creative way to make a cash offer, then finance?

Luke Grogan
  • Investor
  • Cocoa Beach, FL
Posted
Curious if anyone knows a way to work around making a cash offer, but doing a double close or something to immediately finance a purchase? I'd like to use the cash offer to get the owner to the table, but get the deal financed. I could close with cash, if needed, but would prefer not to tie up all the cash and have to pay for two full closings... Any ideas?

Most Popular Reply

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6,408
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2,655
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Brent Coombs
  • Investor
  • Cleveland, OH
2,655
Votes |
6,408
Posts
Brent Coombs
  • Investor
  • Cleveland, OH
Replied

Leave your cash with a suitable Lender and get them to agree with your plan (preferably in writing) BEFORE making Offers! Cheers...

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