Foreclosure Cash Only

1 Reply

What do you do in the instance that you have a potential investor to purchase the property for you, and you intend on moving forward.  But then you find out it states in the Agent Notes; Cash Only.  I suppose this is to circumvent financing and losses due to the contracting and such.  Just when I thought I landed my first deal and was going to move forward to the next steps.  

Also, what are some good resources for finding Individual Investors/Lenders?  I have the drive to find the deals and the team to support it as outline in one of the Bigger Pockets books but lack the initial Capital.  Thank you much for taking the time to respond to this sorry if this is the typical question that is asked by newcomers.