Skip to content
Buying & Selling Real Estate

User Stats

38
Posts
7
Votes
Mike Mitchell
  • Brooklyn, NY
7
Votes |
38
Posts

Cash is king

Mike Mitchell
  • Brooklyn, NY
Posted Dec 26 2014, 14:21

We all know cash is king.  It seems as if all off-mls/motivated seller deals require  a "all-cash" purchase. If i dont have all cash on hand. Is it possible to get all cash deals? Does a hard money loan count as all cash? can i buy a "all-cash" property with hard money and refinance after? I am looking in a market where such deals would require upwards of 300k cash (NYC). I have enough for conventional loans (25%) plus  minor renovation.

Loading replies...