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Updated over 7 years ago,
Is Hard Money the same as paying "cash"?
I'm negotiating for a 8 plex and the seller asked if I was paying with cash or hard money. I will be paying with hard money but do I have to disclose that? Of course I will remove the loan contingency, but is hard money the same as "cash" in the eyes of the seller? Got butterflies because this will be my first multi-family and my first BRRRR property!