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Updated almost 2 years ago on . Most recent reply

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49
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Arsh M.
12
Votes |
49
Posts

Would an investor procure million(s) cash in order to close on a great deal?

Arsh M.
Posted

If I got a great deal under contract for a cash purchase, but the purchase price is $1,000,000+, would the investor I'm looking to assign a contract to be willing or go through the effort of putting together $1M+ in order to close on a cash purchase? I realize the larger the asking amount for a cash transaction, the smaller the pool of buyers theoretically. But I'm not sure if that really has too big of an impact.

I want to wholesale less deals for larger assignments. Logically I would need to wholesale larger size projects in order to pull that off. Any wholesalers here that have this kind of strategy and could help shed some light?

Most Popular Reply

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18,283
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15,696
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Chris Seveney
  • Investor
  • Virginia
15,696
Votes |
18,283
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Arsh M.

Lots of $ out there $1M is not a lot of $ today for real estate and plenty people out there have it or could get it

  • Chris Seveney
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7e investments
5.0 stars
16 Reviews

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