Updated over 4 years ago on . Most recent reply
How does require in cash only affect wholesale deals on the MLS?
I have a property that I bought off market to rehab and keep for a rental. I have a number of other properties I'm rehabbing at this present time. I was thinking of putting this on the MLS and selling it at a wholesale price since I have so many other projects going. Because of the condition of the property no normal lender would be able to give a traditional loan. Would it hurt my listing if I put in the remarks "cash only"? Should I allow hard money as well? Of course a lot of hard money are requiring long drawn out appraisals these days as well.