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Updated almost 3 years ago on . Most recent reply

User Stats

163
Posts
49
Votes
Michael Glaser
  • Investor
  • Venice, CA
49
Votes |
163
Posts

How To Offer Cash Without Having Cash

Michael Glaser
  • Investor
  • Venice, CA
Posted

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..."

@Brandon Turner 

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?

  • Michael Glaser
  • Loading replies...