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Updated over 3 years ago on . Most recent reply

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Chris Howie
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Buying from a wholesaler “with cash”

Chris Howie
Posted

Hello, I have found an off market deal in the Baton Rouge, LA area. The wholesaler is asking about 150,000 cash for the deal and I’ve never had to pay cash up front. Does anyone have any advice on ways to find the money to put together the deal? Do I find a hard money lender and if so what type of interest rate should I expect?

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Chris Howie
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Chris Howie
Replied

@Andrew Postell thank you for explaining this Andrew. I actually have quotes from two HMLenders that I spoke with today and it made a lot more sense after your help.

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