Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Canadian Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

6
Posts
2
Votes
Vusa Dube
  • Rental Property Investor
  • Canada, YK
2
Votes |
6
Posts

Making an Offer Using Private Money

Vusa Dube
  • Rental Property Investor
  • Canada, YK
Posted
If I am planning on using hard money or private money to fund the deal, how should the offer be written up? Is this written up as a cash offer or an offer with a contingency that needs to be put in specifically for obtaining a money partner/hard money lender approval? Do I need to provide some form of pre approval with the offer? The property listed on the MLS and is bank owned. If anyone has experience with purchasing MLS deals and using hard money / private money to fund the project, I am open to your input! I am using a RE agent to make the offer, and they have no experience with private money deals. Thanks!

Loading replies...