Updated over 8 years ago on . Most recent reply
Pay Cash For Houses?
In my market area I'm trying to acquire multi-family properties, the lenders will not approve the non-recourse loan. For me, the numbers look good. The down side is that the lenders want 50% down. So why not buy it cash? Is this a good idea? Or should I move on to the next property and hope it passes the loan approval process?