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Updated over 7 years ago,

Kristen Whiddon's profile image
Kristen Whiddon's profile image
Kristen Whiddon
  • Investor
  • from Niceville, Florida
  • Member since Apr 9, 2016
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User Stats

12
Posts
9
Votes
Kristen Whiddon's profile image
Kristen Whiddon's profile image
Kristen Whiddon
  • Investor
  • from Niceville, Florida
  • Member since Apr 9, 2016
Connect
Kristen Whiddon
  • Investor
  • Niceville, FL
9
Votes |
12
Posts
Creative Real Estate Financing

Funding Auction Purchase Loan

Kristen Whiddon
  • Investor
  • Niceville, FL
Posted

In my county in Florida, winning auction purchases have to be funded by 4pm the same day you win the auction that morning. Even using a HML, can you really receive funds that quickly? Most HML i'm looking at say funding within 7 days. Also, if you win the auction and can't fund by 4pm you lose your deposit. What am I missing here? or is this a cash investor only game?

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