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Updated over 7 years ago,
Is it any more difficult to take out a loan after buying cash?
I want to buy cash first to simplify and expedite a purchase then take out a loan if need be for rehab(depending on final agreed price & rehab). The idea doesn't sound like it would be anything different from a lender's perspective but I've not read about people doing this other than the standard refinance which is normally done with conventional lenders, so maybe with hard/private it could be different(?). I don't see why not, but you tell me. It seems to me in expediting the purchase, also you'd give yourself an advantage over other offers that might need a few days for appraisals and what not.