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Updated over 7 years ago on . Most recent reply

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Matt Kistner
  • Windsor, NY
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12
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I am considering purchasing a multi family home 39k for cash

Matt Kistner
  • Windsor, NY
Posted

Hi Everyone,

I was wondering if I could get some feedback on pursuing cash transactions for purchasing investment property. I know that there is risk because of the lack of paper trail, but could this also raise a red flag for the seller not wanting the banks to get involved? In other words can I still pay in cash after getting a rental mortgage to pay the seller and get an inspection done on the house before signing the dotted line? 

Thanks in advance,

-Matt K

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