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Updated about 5 years ago on . Most recent reply

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10
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4
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Mena Soliman
  • Orange County, CA
4
Votes |
10
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How to compete with cash offers in hot market?

Mena Soliman
  • Orange County, CA
Posted

would you use hard money over conventional to have an advantage when competing in a hot market? I am certainly preapproved and have no issues with going with the traditional route. but with the market being very hot right now and everyone is fighting over decent deals, can I leverage HML and refinance it to a conventional one once I close? I am assuming the HML is seen as more attractive as cash offers and might give me a chance to close on a deal.

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