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Updated over 11 years ago on . Most recent reply

Joe Santiago's profile image
Joe Santiago's profile image
Joe Santiago
  • Rental Property Investor
  • from Addison, IL
  • Member since Mar 20, 2013
  • Posts 37
  • Votes 6
  • Experience 10 Yrs
  • Investments 2
Connect

User Stats

37
Posts
6
Votes
Joe Santiago's profile image
Joe Santiago's profile image
Joe Santiago
  • Rental Property Investor
  • from Addison, IL
  • Member since Mar 20, 2013
  • Posts 37
  • Votes 6
  • Experience 10 Yrs
  • Investments 2
Connect
Joe Santiago
  • Rental Property Investor
  • Addison, IL
6
Votes |
37
Posts
Wholesaling

Buyer wants to get Bank loan?

Joe Santiago
  • Rental Property Investor
  • Addison, IL
Posted

I have a house under contract for $42,000. I have a buyer that I spoke with yesterday and when asked if he was using cash or hard money, he said he would take out a bank loan. I told him I normally deal with people using private financing or cash and he said" its not a mortgage loan, I would bring you a check for the amount". Would this still work with my assignment fee in the middle?

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