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The Property Podcast

ASK95: What are the advantages of being a cash buyer? PLUS: How do I finance a flip?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 4 July 2017

⏱️ 8 minutes

🧾️ Download transcript

Summary

Rob & Rob answer questions from listeners Sam and Barnaby

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob, and I'm Rob, and this is Ask Rob and Rob.

0:04.7

Hello everyone and welcome to Ask Rob and Rob the show where you keep bringing us

0:14.6

questions and we keep giving you answers and this week is absolutely no different we've

0:18.6

got two crackers in thank you to those people and everyone who keeps sending them in

0:22.0

and the reason why they keep coming in is probably

0:24.7

because we do keep answering them but also we make it very simple Rob.

0:27.8

It certainly is just pick up the phone and call 013-888-O-35 that's 01-13 808- 808,000.35.

0:33.0

That's 01, 808, 808,00035.

0:36.0

Or if you would prefer to do it from the safety of your laptop,

0:39.0

you can go to the Property Hub.

0:40.0

Net. Ask.

0:42.0

Both methods work equally well. just make sure you get your

0:44.0

question in then you might have it answered just like Sam is about to

0:47.6

oh Rob and Rob my name Sam first of all thank you for the great input that we get from your podcast is absolutely brilliant

0:57.2

great source of information and I'm a regular listener.

1:01.6

But my question for what today was as a cash buyer, one of the advantages

1:06.4

and disadvantages that I and any other cash buyers or investors should be looking at. It's any pitfalls, any real benefits,

1:17.0

anything in particular. So if you could let us know that'd be great okay brilliant thank you lovely position to be in a

1:25.7

some cash buyer well done okay so cash buyers do you have an advantage

1:31.4

sometimes because it's going to depend on the vendor.

1:36.0

Being a cash buyer doesn't automatically put you in a stronger position than someone who's buying, let's say, with a mortgage. And let's explain why. If somebody is

1:46.9

selling a property and they are in no rush to sell, then someone buying with a mortgage or cash really makes no difference to that person.

...

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