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Updated almost 13 years ago on . Most recent reply

Petro P.'s profile image
Petro P.'s profile image
Petro P.
  • from Fort lauderdale, Florida
  • Member since May 30, 2011
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Petro P.'s profile image
Petro P.'s profile image
Petro P.
  • from Fort lauderdale, Florida
  • Member since May 30, 2011
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Petro P.
  • Fort lauderdale, FL
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General Landlording & Rental Properties

Cash only Apartments for sale

Petro P.
  • Fort lauderdale, FL
Posted

Looking to purchase a few $50K-$100K apartments to rent out and slowly build a portfolio here in South Florida. I see many listings stating "cash only", does that mean I can't get a loan to purchase these apartments? I was planning on using $100K and purchase as many as I can with 20% down.

I dont see why they care if they get cash from me, or a bank.

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