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Updated over 4 years ago on . Most recent reply

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335
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Ryan Keenan
  • bethel, ct
57
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335
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Purpose of using delayed finance

Ryan Keenan
  • bethel, ct
Posted

Hey BP, was wondering what would be the purpose of using delayed finance ? You would have two closings.. why not just put down a down payment from the start?

Thanks!

Ryan

Most Popular Reply

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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
645
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974
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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
Replied

It is so that you can get your cash back quickly. That's the main purpose - financial velocity. The BP podcast had a guest @Alexander Felice on a while back and they discussed this topic extensively.

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