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Updated almost 4 years ago,
Cash Offers...where does the cash come from!?
Hello everyone!
I constantly hear and read of investors making all cash offers. However, I'm confused if it's actually that these investors have all that cash saved up or are they using some type of loan? How is it that this seems to be a widely used strategy for negotiating yet having enough cash on hand to buy a home is difficult. Perhaps there are certain loans or other methods people use to allow them to make cash offers without themselves having the cash? Any insight is much appreciated!