Did You Know?

Delayed Financing helps cash buyers achieve greater… 

  • Leverage
  • Liquidity
  • Diversification

 Until a few years ago, if a property was purchased for cash, the buyer had to wait a minimum of 6 months until a cash-out re­finance could be used to release some of that money and let it be put to other use. Now, instead of waiting 6 months before being able to do a traditional cash-out refinance, the Delayed Financing refi must take place within 6 months of the original cash purchase!

Cash buyers can…

  • Use cash as a negotiating tool with the seller, then take out and reinvest some of that cash after closing to put it to work at a higher rate of return.
  • Borrow from a retirement account to close a clean cash deal, then repay that account quickly to reduce or avoid fees and penalties.
  • Have the peace of mind that cash is in a more liquid (there’s that word again) investment than real estate, which can tie up funds until the property is sold.

From Iltis Lending Group

Living in Sarasota March 2020

Living in Sarasota March 2020

Living in Sarasota, September 2019
A publication of S&N Real Estate, Inc.

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