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Updated almost 11 years ago,

User Stats

6
Posts
1
Votes
Clint Gaskins
  • East Coast, SC
1
Votes |
6
Posts

Cash Closing - Then Finance

Clint Gaskins
  • East Coast, SC
Posted
I am considering closing a property with cash to get the best price and to expedite the deal, then taking it to a local portfolio lender to pull a loan. This, allowing us to remove the cash from the deal and move on to the next. Can this be done? Can you close the property with cash, then pull the mortgage? Is this scenarios the same as closing a property twice or completing two sales?

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