Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply
![Alex Boots's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2807961/1694642817-avatar-alexb939.jpg?twic=v1/output=image/cover=128x128&v=2)
Cash at closing
I am looking at a 48-unit deal and spoke to the broker today. I asked him other than price, what motivates the seller the most? He said cash at closing.
Can someone clarify what this means? If I get a conventional loan to buy this (60% LTV) is that different than cash at closing?
Most Popular Reply
![Steve Vaughan's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/232779/1621434998-avatar-7differentways.jpg?twic=v1/output=image/crop=1200x1200@304x0/cover=128x128&v=2)
Steve Vaughan
#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
- 16,108
- Votes |
- 10,250
- Posts
Quote from @Alex Boots:
I am looking at a 48-unit deal and spoke to the broker today. I asked him other than price, what motivates the seller the most? He said cash at closing.
Can someone clarify what this means? If I get a conventional loan to buy this (60% LTV) is that different than cash at closing?
The seller is motivated by money. Big surprise, right? The broker gave you no information. Big surprise again.
Try not to get discouraged about this thread. You'll see the same poster's on BP just saying how many deals they supposedly do or whatever but it's not everyone.