Cash Buyers Are Best - Real Estate Investing
A cash buyer is your best buyer.
Cash sitting in the bank account of a buyer doesn't have to ask approval from ten different people to be taken out. A buyer who has readily
available cash is simply the best type of buyer to deal with.
They can make a decision quickly and close quickly.
The downside is that this is thesmaller percentage of buyers you will be able to find. It is safe to say that most buyers
who say they pay cash actually borrow the money from their established credit lines, hard money or private lenders, or
have pre-approved bank financing available on a property-by-property basis.
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