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Updated about 4 years ago on . Most recent reply

Griffin Baumoel's profile image
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Griffin Baumoel
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  • from Ohio
  • Member since Sep 28, 2020
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Griffin Baumoel's profile image
Griffin Baumoel's profile image
Griffin Baumoel
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  • from Ohio
  • Member since Sep 28, 2020
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Griffin Baumoel
  • Investor
  • Ohio
5
Votes |
6
Posts
Buying & Selling Real Estate

Question About Purchasing Off Market Property

Griffin Baumoel
  • Investor
  • Ohio
Posted

Do I have to buy a house in cash from a wholesaler? Or can I still use traditional financing options?

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Account Closed's profile image
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Account Closed
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  • from Charlotte North Carolina
  • Member since Sep 4, 2020
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  • from Charlotte North Carolina
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Account Closed
  • Specialist
  • Charlotte North Carolina
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Account Closed
  • Specialist
  • Charlotte North Carolina
Replied

You can use traditional financing but it depends upon the deal. Sometimes they have liens, unpaid taxes, etc that could make it tricky for lending options. Not every deal is the same though. I would consult a local lender that is experienced with work with investors. 

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