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Updated over 4 years ago on . Most recent reply

Jerrod Hill's profile image
Jerrod Hill's profile image
Jerrod Hill
  • from New York
  • Member since Jul 12, 2020
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Jerrod Hill's profile image
Jerrod Hill's profile image
Jerrod Hill
  • from New York
  • Member since Jul 12, 2020
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Jerrod Hill
  • New York
11
Votes |
16
Posts
Innovative Strategies

Beating the all cash offer

Jerrod Hill
  • New York
Posted

It seems like all of the multi family houses I’m looking at are being won by all cash offers (not confirmed but a guess by my REA). Any tips on how to beat them out if I’m using traditional financing via a mortgage.

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Darius Ogloza's profile image
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Darius Ogloza
  • Investor
  • from Marin County California
  • Member since Jul 20, 2018
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Darius Ogloza's profile image
Darius Ogloza's profile image
Darius Ogloza
  • Investor
  • from Marin County California
  • Member since Jul 20, 2018
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Darius Ogloza
  • Investor
  • Marin County California
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Darius Ogloza
  • Investor
  • Marin County California
Replied

Strong loan commitment letter from reputable lender with history of closing, offer fast close, offer to pay closing costs and transfer taxes, forego inspections, try to develop some personal level interaction with seller.

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