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"cash offer" here means they already have the loans lined up.
by HDThoreaun 3y ago
"cash offer" here means they already have the loans lined up.
- metamet 3y agoThey may have lines of credit, but they aren't taking out a mortgage--especially in the same market/rates that are available to homeowners. REITs and other investors will often pay cash, especially when it's a residential unit they look to either rent or flip.