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Updated about 3 hours ago on . Most recent reply

User Stats

15
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7
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Karinne Ovalles
7
Votes |
15
Posts

Seeking Advice on Finding a Private Investor for Cash Purchase

Karinne Ovalles
Posted

Hi BiggerPockets community,

I'm looking into a real estate deal that needs to be paid for with cash, and I could really use some help finding a private investor or lender who might be interested in funding this kind of purchase.

I'd appreciate any advice on:

- How to approach a private investor about financing a cash deal

- Ways to make the deal attractive to someone providing cash

- How to reduce risks for both the investor and myself

- Recommendations for lenders or investors who commonly work with cash deals for rehab or investment properties

I'm happy to discuss more details privately with anyone serious about funding opportunities. Any tips, connections, or suggestions you can share would mean a lot!

Thanks so much for your help!

Karinne

  • Karinne Ovalles
  • Most Popular Reply

    User Stats

    1,122
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    941
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    Patrick Roberts
    #2 Creative Real Estate Financing Contributor
    • Lender
    • Charleston, SC
    941
    Votes |
    1,122
    Posts
    Patrick Roberts
    #2 Creative Real Estate Financing Contributor
    • Lender
    • Charleston, SC
    Replied

    "how to finance a cash deal" 

    If you need a loan, it's not cash. When a seller/deal requires cash, it's because they dont want to deal with the risk of financing falling apart, which is alwasy a risk with lending. You need a partner with cash, not a lender.

    • Patrick Roberts
    business profile image
    Patrick Roberts - MLO - Assurance Financial
    5.0 stars
    14 Reviews

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