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
Creative Real Estate Financing
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 3 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Caleb Helms
1
Votes |
8
Posts

How to Make a Cash Offer

Caleb Helms
Posted

Hi BP! I'm still pretty new to all this, and I'm looking to buy a rental with a cash offer if possible because it will be competitive. But I need hard money for the purchase (plan to BRRRR). How can I use hard money to make it a cash offer? I talked to one hard money lender and they still require an appraisal. Is it just lender based?

Most Popular Reply

User Stats

2,665
Posts
1,419
Votes
Tom S.
  • Real Estate Investor
  • Burlington, VT
1,419
Votes |
2,665
Posts
Tom S.
  • Real Estate Investor
  • Burlington, VT
Replied

@Caleb Helms HML is still a loan, not a cash offer. Cash is only if it's in your own account, so be careful making any offers if it's not truly cash.

Loading replies...