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Updated over 6 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Nicholas Meyer
  • Flipper/Rehabber
  • Seattle, WA
1
Votes |
11
Posts

Benefits of cash offers

Nicholas Meyer
  • Flipper/Rehabber
  • Seattle, WA
Posted

Hi everyone, 

I am curious as to the benefit of making a cash offer on a property, most likely a multi-family. As someone who is new to REI, should I make cash offers if I can? I have successfully squirreled away a decent amount of savings, so I would be able to enter a moderate market with several properties free and clear. Is this a strategy that I should be pursuing or are there more benefits to purchasing a property with a conventional loan? Thanks in advance...

NM

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