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Updated almost 3 years ago, 03/20/2022
How To Offer Cash Without Having Cash
I was listening to show 321 with J & Carol Scott. They said they would offer cash and put a clause in the contract saying they'd get financing or hard money.
"Hey I have the cash available, however, I use a private loan or bank loan, but it won't affect the seller..."
How is this accomplished exactly or am I over thinking it?
Do you have to show proof of funds to get the deal and then sort out your financing as long as you close on time?