Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Talha Qayyum
  • Brooklyn, NY
2
Votes |
16
Posts

All cash purchase

Talha Qayyum
  • Brooklyn, NY
Posted

Hey BP! Hope everyone is doing great with their real estate business. I was curious as to how can an investor pay cash for a property. What are the alternatives as to the misconception of using hard cash? All advice and answers are highly appreciated! 

Most Popular Reply

User Stats

16,549
Posts
12,824
Votes
Ned Carey
  • Investor
  • Baltimore, MD
12,824
Votes |
16,549
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

I am not sure I understand your question. 

If you have cash you can just buy a property. 

If you don't have cash you need some type of financing. You can get financing fro banks and traditional lenders, Hard money lenders (high % rate loan based on the asset more than your credit), private lenders (friends family or associates), or owner financing (simply pay the owner over time).

Generally you are going to need at least some cash if you use financing. It is very tough to get 100% financing.

  • Ned Carey
  • Loading replies...