Paying all cash question. How do you get your cash back ASP?

[Joe S.]

So I made an offer on a property and I had preapproval letter from a HM lender, but the seller is not wanting to do a transaction where there is a lender involved in anyway. I have the funds to take the property down without a lender and I even have the funds to rehab it as well. The problem is I am looking at getting another property as well and it is a bank owned property that I would probably have to pay all cash for as well. My question is how can I get my cash back as soon as possible? Does anyone know any Asset based lenders that could help me pull the cash back out as soon as possible or does anyone have any other recommendations for this kind of setting?

[JD Martin]

You don't have to wait to cash out as long as you just want to cash out at your purchase price, which means you'll probably be leaving 20-25% cash behind. If you need every bit of that cash for the next deal then you are probably looking at hard money lending.