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Updated over 4 years ago on . Most recent reply

User Stats

6
Posts
5
Votes
Griffin Baumoel
  • Investor
  • Ohio
5
Votes |
6
Posts

Question About Purchasing Off Market Property

Griffin Baumoel
  • Investor
  • Ohio
Posted

Do I have to buy a house in cash from a wholesaler? Or can I still use traditional financing options?

Most Popular Reply

Account Closed
  • Specialist
  • Charlotte North Carolina
66
Votes |
112
Posts
Account Closed
  • Specialist
  • Charlotte North Carolina
Replied

You can use traditional financing but it depends upon the deal. Sometimes they have liens, unpaid taxes, etc that could make it tricky for lending options. Not every deal is the same though. I would consult a local lender that is experienced with work with investors. 

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