Chicago Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Getting HML backed offer accepted in multiple offers situation
I have submitted offers on a number of properties in Chicago that had multiple offers on them, and in each case, I lost out on the property. I am using a hard money lender to finance the project. While I understand that cash offers are sellers first preference, has anyone had any luck getting a hard money backed offer accepted? Specifically, those in the Chicago area. If so, which lenders have you had the most success w/?