Delayed Financing Exception - Lenders near Raleigh, NC

[Liliana Ruano]

Do any of you have personal experience using the delayed finaning Exception?  More specifically, have any of you used a bank local to the Raleigh, NC area to do this type of financing?  I am looking to purchase a property or two for cash, and then, hopefully pull money back out of them as quickly as possible.  What options do I have besides the delayed financing exception to accomplish this same goal?

Thank you!

[Stephanie Medellin]

@Liliana Ruano  Any lender that offers conventional loan programs will typically offer delayed financing.  It's basically just a Fannie Mae guideline, so unless the lender has an overlay they should allow it.