Hey all,
If I am using hard money loans, when I submit an offer on a property, in the section about obtaining financing, is this more of a cash purchase or is it still obtaining a loan?
Thank you
trwiliams
Doesn’t matter. Contracts do not DICTATE what financing you use rathera contract dictates how the contract responds to various financing options.
Many people believe, in error, that a “Cash” offer is better than a “financing” offer. let me ask you something. When you sell your house will you really beleive someone is paying cash if that is what their offer says?
Rob
Thank you very much!! Great point, I’m glad you answered that being that your company would be the one I would be applying through for the HML.
I look forward to working with you.