Dec 29, 2020
In a delayed financing transaction, you can take cash out on a
property immediately in order to cover the purchase price and
closing costs for a property you had previously bought with cash. .
This allows you to have the advantage of being a cash buyer and
giving sellers the chance to know the transaction will close, while
giving you the ability to get a mortgage shortly thereafter in
order to avoid having all your savings tied up in your house.
You can think of delayed financing as a way to give yourself the
negotiating advantage that comes along with paying in cash for the
home, while still giving yourself the long-term financial
flexibility afforded by making monthly payments on a mortgage
instead of making yourself “house poor.”
In my opinion a fix and flip loan to delayed financing is the
ultimate way to scale your rental business.
If you'd like to meet with Beau to talk financing, book a
call here
( http://bookwithbeau.com/ )