December 29

What Is Delayed Financing? – IFP EP#102

0  comments


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.

Tags

creative financing, financing, investor loans, real estate, real estate investing


You may also like

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Never miss a good story!

 Subscribe to our newsletter to keep up with the latest trends in real estate investing!

>