ASK95: What are the advantages of being a cash buyer? PLUS: How do I finance a flip?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 4 July 2017
⏱️ 8 minutes
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| 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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