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Buying & Selling Real Estate

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Alec McGinn
  • Rochester, MN
36
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79
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What if my offer is accepted and I do not have financing secured?

Alec McGinn
  • Rochester, MN
Posted Feb 12 2019, 08:38

I was listening to bigger pockets podcast the other week and I can’t remember which episode it was, but the guest talked about how when he got started, he just started submitting offers on everything on the market. My question is what happens if the seller accepts your offer and you do not have adequate funds. I know this is where your network and syndication is key, but what happens if you just can’t line up the investors to make the deal happen?

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