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Updated over 8 years ago on . Most recent reply

Aaron Hutchison's profile image
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Aaron Hutchison
  • from Rockwood , Mi
  • Member since Jul 22, 2016
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Aaron Hutchison's profile image
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Aaron Hutchison
  • from Rockwood , Mi
  • Member since Jul 22, 2016
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Aaron Hutchison
  • Rockwood , Mi
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Rehabbing & House Flipping

Cash only purchase

Aaron Hutchison
  • Rockwood , Mi
Posted

BP members I have a question looking for insight. I recently came across a great deal but the seller wants "cash only" purchase. I am a little short on price point, I was wondering if there are ANY options out there that a bank would loan the money on a purchase like that or would I be stuck going the HML route? Any insight would help, thanks

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Brandon Battle's profile image
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Brandon Battle
  • Real Estate Agent
  • from Buena Park, California
  • Member since Jan 20, 2016
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Brandon Battle's profile image
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Brandon Battle
  • Real Estate Agent
  • from Buena Park, California
  • Member since Jan 20, 2016
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Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
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Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
Replied

The seller doesn't want a 30 day or more escrow so a bank is out of the question.Only HML and rich private investors can close with cash only in a week.

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