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Updated about 3 years ago, 10/01/2021
Another buyer offering Cash Advance??
Hi BP - needing advice. I'm trying to lock up my first wholesale contract and competiing with another buyer who is offering a Cash Advance of $10k to the seller. Reason is the seller is wanting to buy a vehicle before closing so they can be ready to move. How can I compete with a cash advance offer? Also, would like to better understand how the cash advance process would work - this seems risky.
Thanks!