Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 12 years ago on . Most recent reply
![Mike Nelson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/114486/1694876284-avatar-mike_nelson.jpg?twic=v1/output=image/cover=128x128&v=2)
REO offers being accepted with Hard Money these days?
In short, say I have 100K and I want to secure 3 properties leveraged at 75% at 100K each, so I need 75K of my money to finance the deals. Are banks REO asset managers turned off by this, or do they see Hard Money as good as gold? Has anyone had luck doing this lately? Im wanted to take on a little more volume, and I cant do all cash if this is the case....
Most Popular Reply
![Will Barnard's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4738/1621347135-avatar-barnardinc.jpg?twic=v1/output=image/cover=128x128&v=2)
Using hard money or any borrowed money that requires a deed of trust to be recorded against the property in escrow is not cash, but a financed offer. You need to know the difference and so i would disagree with the first two responses. This is not to say that using a HML will prevent you from getting an REO deal, however, if you go in to the deal with such and I go into the very same deal but with real all cash, guess what? The bank will like my offer better each and every time, even if mine is slightly lower in offer price.