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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

Education, News, Business News, Investing, Business

4.82K Ratings

🗓️ 4 July 2017

⏱️ 8 minutes

🧾️ Download transcript

Summary

It's time for another couple of questions in this week's edition of 'Ask Rob & Rob' Sam and Barnaby... ...ask Rob & Rob...What are the advantages of being a cash buyer? PLUS: How do I finance a flip? ASK YOUR OWN QUESTION TO ROB & ROB! Don't be shy! All you need to do is leave a message with your name and whatever's on your mind. Just pick up the phone and call 013 808 00035 (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. NEED MORE ANSWERS? The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors. Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way. Just don't hang around - there are only four Summits each year, and just 16 places available at each! Interested? Click here to find out more. See omnystudio.com/listener for privacy information.

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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