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Updated about 6 years ago,

Nicholas M.'s profile image
Nicholas M.'s profile image
Nicholas M.
  • Contractor
  • from Totowa, NJ
  • Member since Aug 20, 2018
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User Stats

29
Posts
12
Votes
Nicholas M.'s profile image
Nicholas M.'s profile image
Nicholas M.
  • Contractor
  • from Totowa, NJ
  • Member since Aug 20, 2018
Connect
Nicholas M.
  • Contractor
  • Totowa, NJ
12
Votes |
29
Posts
Rehabbing & House Flipping

Bidding War - FHA vs Cash

Nicholas M.
  • Contractor
  • Totowa, NJ
Posted
FHA vs Cash Buyer 2 Family home for sale close to NYC. There are multiple offers on the house. 2 stand out. One buyer is coming with just shy of 40% down and the 2nd offer is bidding 30k more on the home with 5% down. What advice would you have in this situation. I believe cash is the better choice?
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