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Updated almost 7 years ago on . Most recent reply

Account Closed
  • Yonkers, NY
95
Votes |
506
Posts

Not Paying All Cash For An Investment Property

Account Closed
  • Yonkers, NY
Posted
Hey everyone, so I've been looking around near me in westchester county New York for a multifamily property investment opportunity that I can get financed with a bank. Now every time I come across a deal, I can't get it if it's financed, cash only. So has anybody experienced this before? If so, how did you get around it? Is there not a way to get deals in or not even in my own area using this way? Let me know, is greatly appreciate it, thanks!

Most Popular Reply

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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

If its a deal from a wholesaler, you could not do financing bc the wholesaler would not make their profit as the bank would not allow for it.

  • Curt Davis

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