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Updated over 7 years ago on . Most recent reply

Chris A.'s profile image
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Chris A.
  • Investor
  • from Nashville, Tennessee
  • Member since Apr 27, 2016
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Chris A.'s profile image
Chris A.'s profile image
Chris A.
  • Investor
  • from Nashville, Tennessee
  • Member since Apr 27, 2016
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Chris A.
  • Investor
  • Nashville, TN
0
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14
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Buying & Selling Real Estate

Buy With Cash / Immediately Finance

Chris A.
  • Investor
  • Nashville, TN
Posted
Is it possible to buy a house with cash and then turn around and finance it immediately? We're looking at a property and only cash offers are accepted. We have the cash to cover it but would ultimately want to immediately free it up for the repair costs.
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Joseph M.'s profile image
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Joseph M.
  • Flipper/Rehabber
  • from Los Angeles, CA
  • Member since Jan 22, 2009
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Joseph M.'s profile image
Joseph M.'s profile image
Joseph M.
  • Flipper/Rehabber
  • from Los Angeles, CA
  • Member since Jan 22, 2009
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Joseph M.
  • Flipper/Rehabber
  • Los Angeles, CA
732
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Joseph M.
  • Flipper/Rehabber
  • Los Angeles, CA
Replied

Look into the delayed financing rule.

Here is a BP article on the topic

https://www.biggerpockets.com/renewsblog/2015/01/08/delayed-financing-buy-investment-property/

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