Why everyone is looking for "cash buyers"?
Hi!
Finally I attended my first RIA meeting. This event first started by attendences talked about what they have or are looking for. All of them said "we are looking for CASH BUYERS". Why's that guys? Is it a thing between sellers? I'm thinking maybe they are wholesalers, and selling a deal to a ready-to-go investor.
Or cash buying means people who approved for a loan quickly. I'm thinking why people ask for a "cash buyers" and what is appose to? "Loan buyers"?
Thanks,
Ali