Cash vs Loan buyer- which do you prefer?

[Renee I.]

Hello,
For those who have sold real estate, do you prefer cash buyers? Or if a loan offer for your property is x amount higher would you take that instead? How much weight do you put on a cash offer?  I am considering all the + and - to investing using cash or investing using loans… Thanks! Renee

[Dominic Mazzarella]

Quote from @Renee I.:

Hello,
For those who have sold real estate, do you prefer cash buyers? Or if a loan offer for your property is x amount higher would you take that instead? How much weight do you put on a cash offer?  I am considering all the + and - to investing using cash or investing using loans… Thanks! Renee

Personally, I like cash buyers for the speed and certainty, but the price has to make sense. A lower offer just because it’s cash doesn’t always cut it. If a financed buyer comes in stronger and they’re well-qualified, I’m absolutely open to that.

Cash is great for avoiding delays and headaches, especially if you’re on a timeline or the deal’s tight. But most of us are in this to maximize returns, so I’d weigh the spread between offers more than the funding source alone. Strong financing and a solid track record can still win.

Mom and pops usually do the all cash deals but investors usually finance, and for good reason. You can only make your own money go so far.