All Forum Posts by: Domingo Santana

@Domingo Santana welcome to Bigger Pockets and our lovely city. 

Financing in place means that you discussed financing options with a lender and they have examined your financial ability and determined if they would be interested in lending to you or not. In smaller residential properties the common term used is mortgage pre-approval letter or mortgage pre-qualification letter. For commercial and larger residential properties there are a significant number of ways to finance a purchase so when asking if financing or funding is in place an individual is asking if you have a verifiable plan in place, in which initial due diligence is already complete. 

In Orlando the investor with no money waiting sellers' time has been a long running staple of our market. Generally, expect anyone here who has been in the business for more than a week to want proof from a buyer of available funding before they will consider and individual anything more serious than a time waster. 

Welcome Domingo

@Domingo Santana Are you able to pay cash or do you need a loan from a bank?

Welcome Domingo Santana! Great to see you on here!

Thanks Domingo Santana ! What are you getting started with?

Welcome Domingo!

Hi Domingo,

Welcome to the City Beautiful! What size apartment building are you looking to purchase? Do you financing in place? I would love to help!

- Jared

Hi @Domingo Santana, 

Glad to have you on here! Thanks for posting. Just agreeing in with @Karen Margrave that we're heartbroken and in prayer for all that's going on there right now.