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Account Closed
  • Dallas, TX
8
Votes |
74
Posts

hard money vs. cash buyer

Account Closed
  • Dallas, TX
Posted

Hi Bigger Pockets i have a question that i hope you could help me out with. I just got a property under contract and one of my buyers who is interested plans on using hard money. I have no problem with him using it but just wanted to know how it would work in a wholesale situation. Would my seller be getting a one lump some just like cash at closing? I know when someone pays cash they get it one lump some but My buyer is flipping it so he will use hard money. If anyone could help me I would appreciate it.

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