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Updated about 7 years ago on . Most recent reply

User Stats

142
Posts
104
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Alex Corral
  • Denver, CO
104
Votes |
142
Posts

Cash vs Finance TK companies

Alex Corral
  • Denver, CO
Posted

Hey Guys, in my continuous research I've seen some companies are cash only & some offer financing. 

Should there be a difference in sales price between the two?

Should you be able to negotiate the asking price on either? And more specifically, the cash sales? 

I know you can later delay-finance a cash property, but it ties your cash for some time, where I feel you could lose out on a potential good deal(s). The other thing is the uncertainty of under-appraising. What if a month later, you find out you over-paid on that property? In that aspect, I feel the companies who offer financing would be more honest about their propertie's values with contingencies to protect the investor, correct? 

I assume it's cheaper overall to buy with finance vs delay-finance later? 

Sorry for all these questions on 1 post, didn't want to start multiple.

Most Popular Reply

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4,856
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3,022
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Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
3,022
Votes |
4,856
Posts
Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
Replied

@Alex Corral I'd be cautious of a turn key company that only accepts cash offers. It us often an indication that they are pricing above market value and know their properties won't appraise.

  • Mike D'Arrigo
  • Loading replies...