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Updated about 5 years ago on . Most recent reply

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Thomas Mehi
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Creative Real Estate Financing

How to by a Cash home without Cash?

Thomas Mehi
Posted

Looking to buy a HUD CWCOT home but don't have the cash on hand. How does one get a cash loan to buy a house. I imagine it would be some sort of high interest loan then refinance once able. Do Hard Money or Private lenders do this? In the North Carolina market

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Odie Ayaga
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Odie Ayaga
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Odie Ayaga
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What exactly do you mean by a "cash loan"? The way I interpret that is an unsecured loan not tied to a property or anything else. It's not something hard money lenders do.

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