Cash Purchase Discount?
We are just starting out in the REI game in Central PA and we have a business plan meeting with a local bank to discuss an unsecured LOC over traditional financing. We want to drive home the fact that cash purchases give us more buying power in the market.
On average what would be the savings/discount when a property is purchased with cash?
I know it varies per state/market but we are just trying to find some type of figure that we could use. Thanks in advance!