Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago,

User Stats

35
Posts
2
Votes

Financing contingencies but using cash

Posted

Hello bigger pockets buddies. I'm currently reading "The book on negotiating real estate" by J scott, Mark Ferguson and Carol scott. I had a question about the assignment contract (the contract with wholsaler and seller). One of the contingencies options is financing which allows the wholesaler to back out if they can't get funding from the lender. Now i was wondering if i initially planned to use cash which is going to be what i use once a end buyer is found, am i allowed to just use that contingency in the contract and later change it to a cash offer once i have the funds?

Loading replies...